A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 140 0 3,150 2,760 390 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 47 18 10 $107, 100 $ 24,840 The total gross margin for the month under absorption costing is: Multiple Choice 0 $85,560 0 $8,280 0 $116,160 0 $126.960