Jasper Enterprises had the following cost and production information for April: Units Produced 20,000Units Sold 17,000Unit Sales Price $200Manufacturing Cost Per Unit Direct Material $50Direct Labor $25Variable Manufacturing Overhead $10Fixed Manufacturing Overhead($400,000/20,000)=$20Full Manufacturing Cost Per Unit $105Nonmanufacturing Costs Variable Selling Expenses $80,000Fixed General and Administrative Costs $75,000What is Jasper Enterprise's income under absorption costing?
A. $1,400,000
B. $1,785,000
C. $1,460,000
D. $1,745,000
Answer: C
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