Wasilko Corporation produces and sells one product. a.The budgeted selling price per unit is $114.Budgeted unit sales for February is 9,900 units.
B.Each unit of finished goods requires 6 pounds of raw materials.The raw materials cost $4.00 per pound.
C.The direct labor wage rate is $24.00 per hour.Each unit of finished goods requires 2.4 direct labor-hours.
D.Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour.
E.The variable selling and administrative expense per unit sold is $1.60.The fixed selling and administrative expense per month is $70,000.
The estimated net operating income (loss)for February is closest to:__________
A) $50,000
B) $91,080
C) $21,080
D) $36,920