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 inventory ----------------- 0

Units produced ---------------------------------- 1,200

Units sold ----------------------------------------- 800

Units in ending inventory --------------------- 400

Variable costs per unit:

Direct materials ------------------------------- $25

Direct labor ------------------------------------ $41

Variable manufacturing overhead ------- $6

Variable selling and administrative ------ $6

Fixed costs:

Fixed manufacturing overhead ----------- $24,000

Fixed selling and administrative ---------- 12,000

What is the net operating income for the month under variable costing?

	a.	$21,600
	b.	($15,200)
	c.	$8,000
	d.	$13,600