1. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 117 Units in beginning inventory 0 Units produced 2,900 Units sold 2,500 Units in ending inventory 400 Variable costs per unit: Direct materials $ 32 Direct labor $ 45 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $ 43,500 Fixed selling and administrative expense $ 15,000 2. The total gross margin for the month under absorption costing is:

A. $20,000

B. $57,500

C. $72,500

D. $95,100