A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Selling price $140 Units in beginning invento Units produced Units sold Units in ending invento 2,640 390 Variable costs per unit $48 $18 $10 $16 Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs Fixed manufacturing overhead Fixed selling and administrative expenses $92,400 $13,500 The total gross margin for the month under absorption costing is $65,250 $15,750 $97,200 $108,000