DD Question 18 4.7 pts Calloway Corp., which began business at the start of the current year, had the following data: Planned and actual production Sales Variable production costs (DM, DL, VMO/H) Fixed production (manufacturing) overhead Variable selling & administrative costs Fixed selling & administrative costs 40,000 units 38,000 units at $15 per unit $5 per unit $260,000 $1 per unit $32,000 The gross margin that the company would disclose on an absorption-costing income statement is: O $95.000 $120.000 OSO O $133.000 O $342.000