A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price = $112 Unit in beginning inventory = 0 Units produced = 5500 Units sold =5300 Units in ending inventory = 200 Variable costs per unit: Direct materials = $33;

Direct labor = $37;

VMOH = $5

Variable selling and administrative = $6 Fixed costs: FMOH = $71500; Fixed selling and administrative = $79500 What is the net operating income for the month under variable costing?

Answer is $15900 please show the process!