Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 152 Units in beginning inventory 0 Units produced 9,450 Units sold 9,050 Units in ending inventory 400 Variable costs per unit: Direct materials $ 28 Direct labor $ 70 Variable manufacturing overhead $ 16 Variable selling and administrative expense $ 20 Fixed costs: Fixed manufacturing overhead $ 141,750 Fixed selling and administrative expense $ 9,800 What is the net operating income (loss) for the month under variable costing? Multiple Choice $11,350 $(34,250) $17,350 $6,000

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 152 Units in beginning inventory Units produced Units sold Units in ending inventory 0 9,450 9,050 400 28 70 16 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 20 $141,750 $ 9,800 What is the net operating income (loss) for the month under variable costing