A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price.. $97 Units in beginning inventory.. 0 Units produced. 2,200 Units sold......... 2,100 Units in ending inventory. 100 Variable costs per unit: Direct materials. Direct labor.. Variable manufacturing overhead. Variable selling and administrative...... Fixed costs: Fixed manufacturing overhead... Fixed selling and administrative. $32 $25 $2 $9 $8,800 $37,800 What is the total period cost for the month under the absorption costing approach? $56,700 $65,500 $8,800 $37,800