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?

• $11,350

• $(34,250)

• $17,350

• $6,000