Columbia Corporation produces a single product. The company's variable costing Income statement for November appears below: $905, 100 Columbia Corporation Income Statement For the Month ended November 30 Sales ($21 per unit) Variable expenses: Variable cost of goods sold Variable selling expense Total variable expenses Contribution margin Fixed expenses: Manufacturing Selling and administrative Total fixed expenses Net operating income 560,300 129,300 689,600 215,500 141,640 35,410 177,050 $ 38,450 During November, 35,410 units were manufactured and 8,520 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: $35.410 profit 0 538,450 profit 57,690 profit