Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price S 90 Units in beginning inventory Units produced Units sold Units in ending inventory 0 3,400 3,000 400 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 S $ $ $ 21 38 6 4 $54,400 $ 3.000 The total gross margin for the month under the absorption costing approach is The total gross margin for the month under the absorption costing approach is: Multiple Choice $12,000 $59.400 563.000 $27000