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Columbia Corporation produces a single product. The company's variable conting income statement for November appears below Inoltaan $ 350,000 Sales (520 per unit) Variable expenses

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Columbia Corporation produces a single product. The company's variable conting income statement for November appears below Inoltaan $ 350,000 Sales (520 per unit) Variable expenses Variable cost of moods sold Variable selling expense Total variable expenses Contribution margin Fixed expenses! Manufacturing Selling and administrative Total fixed expenses Net operating income 555,100 128.100 683,200 170,300 105,5.70 35,190 140,760 $ 30,040 During November, 35,190 units were manufactured and 8,750 units were in beginning inventory Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months Under absorption costing, for November the company would report a Mumple Choice 57510 loss $30.040 profit

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