A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 131 Units in beginning inventory 0 Units produced 3,320 Units sold 2,890 Units in ending inventory 430 Variable costs per unit: Direct materials $ 45 Direct labor $ 15 Variable manufacturing overhead Variable selling and administrative $ 19 expense Fixed costs: Fixed manufacturing overhead $92,960 Fixed selling and administrative expense $28,900 $ 7 The total gross margin for the month under absorption costing is: Multiple Choice $104,040 $20,230 $119,250 O $130,050