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 ($20 per unit) $ 848,000 Variable expenses: Variable cost of goods sold 508,800 Variable selling expense 84,800 Total variable expenses 593,600 Contribution margin 254,400 Pixed expenses Manufacturing 141,600 Selling and administrative 70,800 Total fixed expenses 212,400 Net operating income $ 42,000 During November, 35, 400 units were manufactured and 8,020 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