Question - Pallen Company estimated sales of 11,000 units at $40 each, unit cost of goods sold of $22, marketing expense of $65,000 and a 10% commission on each unit sold. Administrative expense is budgeted at $50,000. What is Pallen's budgeted operating income?
a. $83,000
b. $440,000
c. $281,000
d. $198,000
e. $39,000