Homework answers / question archive / The following information for the past year for the Blaine Corporation has been provided:   Fixed costs:   Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs:   Manufacturing $115,000 Marketing 30,000 Administrative 43,000   During the year, the company produced and sold 30,000 units of product at a selling price of $15

The following information for the past year for the Blaine Corporation has been provided:   Fixed costs:   Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs:   Manufacturing $115,000 Marketing 30,000 Administrative 43,000   During the year, the company produced and sold 30,000 units of product at a selling price of $15

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The following information for the past year for the Blaine Corporation has been provided:

During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.

What is the operating income (loss) for the year?

A) $281,000

B) $450,000

C) $262,000

D) $93,000