A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Selling price Units in beginning inventory Unite produced Units sold $ 137 0 3,300 2,820 Unite in ending inventory 480 Variable costs per unit: Direct materials $ 49 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 16 $ 7 $ 16 $99,000 $33,840 e total gross margin for the month under absorption costing is: Multiple Choice $19,740 $98,700