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

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

$$145$

$2,440$

$2,280$

$160$

$$49$

$ $17$

$ $17$

$$10$

$$85,400$

$$22,800$

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

Multiple Choice