Answer:
Explanation:
In order to calculate the operating income for one year we would have to make the following calculation:
operating income=revenue-variable costs-fixed costs
revenue=300*$50*365=$5,475,000
variable costs=300*$10*365=$1,095,000
fixed costs=$2,000,000
Therefore, operating income=$5,475,000-$1,095,000-$2,000,000
operating income=$2,380,000
The operating income for one year is $2,380,000
