A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,000 Units sold 3,500 Units in ending inventory 500 Variable cost per unit: Direct materials $41 Direct labor $43 Variable mfg overhead Variable selling and admin $8 $5 Fixed costs: Fixed mfg overhead Fixed selling and admin $92,000 $40,000 What is the total period cost for the month under absorption costing? $40,000 $60,000 $132,000 $57,500