Culver sells its product for $78 per unit. During 2025, it produced 121900 units and sold 106900 units. Costs per unit are: direct
materials $24, direct labor $10, variable overhead $5, and variable operating expenses $3. Fixed costs are $975200 manufacturing
overhead, and $75000 operating expenses. Assuming no variances were reported, no beginning inventory exists, and the company
uses variable costing, what will be reported as operating income?
? $2186800.
? $2507500.
? $2905100.
? $2798200.