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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $130 Units in

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

Selling price $130
Units in beginning inventory 0
Units produced 6,050
Units sold 5,850
Units in ending inventory 200
Variable costs per unit:
Direct materials $22
Direct labor $48
Variable manufacturing overhead $16
Variable selling and administrative $6
Fixed costs:
Fixed manufacturing overhead $145,200
Fixed selling and administrative $65,600

What is the net operating income (loss) for the month under absorption costing?

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