Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price$168Units in beginning inventory0Units produced9,650Units sold9,250Units in ending inventory400

Variable costs per unit:Direct materials$32Direct labor$74Variable manufacturing overhead$20Variable selling and administrative expense$24Fixed costs:Fixed manufacturing overhead$144,750Fixed selling and administrative expense$10,200

What is the net operating income (loss) for the month under variable costing?

Multiple Choice

• $11,550
• $(38,850)
• $17,550
• $6,000

It's not 17,550 FYI