A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

The total gross margin for the month under absorption costing is:

A) $21,920

B) $71,240

C) $107,020

D) $117,820

Sellilng price $131 Units in beginning Inventory Units produced Units sold Units In ending Inventory 0 2,940 2,740 200 Varlable cost per unit Direct materials Direct labor Varlable manufacturing overhead Varlable selling and administrative Fixed costs Flxed manufacturing overhead Flxed selling and administrative expenses $44 %19 $13 $12 $85,260 $16,440