Petra,IncHas Collected the Following Data What Is the Operating Income Using Absorption Costing? (Round Any

Petra,Inc.has collected the following data.(There are no beginning inventories.) : $\begin{array}{|l|r|l|}\hline \text { Units produced } & 480 &\text { units } \\\hline \text { Units sold } & 480 &\text { units } \\\hline \text { Sales price } & \$ 210 &\text { per unit } \\\hline \text { Direct materials } & \$ 40 &\text { per unit } \\\hline \text { Direct labor } & \$ 35 &\text { per unit } \\\hline \text { Variable manufacturing overhead } & \$30& \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 11,000 &\text { per year } \\\hline \text { Variable selling and administrative costs } & \$10&\text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 10,000&\text { per year }\\\hline\end{array}$ What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)

A) $39,400
B) $34,600
C) $24,600
D) $29,400