Columbia Corporation produces a single product. The company's variable costing income statement for November appears below:

Columbia Corporation
Income Statement
For the Month ended November 30
Sales ($19 per unit)	$	811,300
Variable expenses:
Variable cost of goods sold		512,400
Variable selling expense		85,400
Total variable expenses		597,800
Contribution margin		213,500
Fixed expenses:
Manufacturing		143,640
Selling and administrative		35,910
Total fixed expenses		179,550
Net operating income	$	33,950

During November, 35,910 units were manufactured and 8,210 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:

Multiple Choice

• $6,790 profit

• $33,950 profit

• $6,790 loss

• $35,910 profit