Elliot Corporation, which has only one product, has provided the following data concerning its most recent month of operations: $112 0 4,900 4,500 400 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $19 $45 $6 $9 $117,600 $22,500 What is the net operating income for the month under variable costing? $(19,600) $9,600 $8.400 $18,000