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Hayes Company operated at normal capacity during the current year, producing 54814 units of its single...

Hayes Company operated at normal capacity during the current year, producing 54814 units of its single product. Sales totalled 45978 units at an average price of $24.62 per unit. Variable manufacturing costs were $11.80 per unit, and variable marketing costs were $4.92 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $159038 for manufacturing and $54559 for marketing. There were no opening inventories.

What is Hayes operating income (loss) under direct (variable) costing?

Select one:

a. $149629

b. $45364

c. $184061

d. $175266

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