Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 128 Units in beginning inventory 0 Units produced 9,150 Units sold 8,750 Units in ending inventory 400 Variable costs per unit: Direct materials $ 22 Direct labor $ 64 Variable manufacturing overhead $ 10 Variable selling and administrative expense $ 14 Fixed costs: Fixed manufacturing overhead $ 137,250 Fixed selling and administrative expense $ 9,200 What is the net operating income for the month under absorption costing? Multiple Choice $27,350 $11,050 $17,050 $6,000

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 128 Units in beginning inventory Units produced Units sold Units in ending inventory 0 9,150 8,750 400 $ 22 64 10 $ 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 14 $137,250 $ 9,200 What is the net operating income for the month under absorption costing