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

Selling price	$	135
Units in beginning inventory		0
Units produced		2,770
Units sold		2,550
Units in ending inventory		220
Variable costs per unit:
Direct materials	$	49
Direct labor	$	16
Variable manufacturing overhead	$	13
Variable selling and administrative expense	$	12
Fixed costs:
Fixed manufacturing overhead	$	94,180
Fixed selling and administrative expense	$	17,850

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

Multiple Choice

$10,200

$114,750

$58,650

$103,950