Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Columbia Corporatiorn Income Statement For the Month ended November 30 Sales ($23 per unit) Variable expenses: $933,800 609,000 121,800 730,800 203,000 Variable cost of goods sold Variable selling expense Total variable expenses Contribution margin Fixed expenses: 142,000 35,500 177,500 $ 25,500 Manufacturing Selling and administrative Total fixed expenses Net operating income During November, 35,500 units were manufactured and 8,670 units were in beginning inventory. Variable production costs have remained constant on a per unit basis over the past several months. Under absorption costing, for November the company would report a