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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 96 Units in

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

Selling price $ 96
Units in beginning inventory 0
Units produced 8,750
Units sold 8,350
Units in ending inventory 400

Variable costs per unit:
Direct materials $ 14
Direct labor $ 56
Variable manufacturing overhead $ 2
Variable selling and administrative expense $ 6
Fixed costs:
Fixed manufacturing overhead $ 131,250
Fixed selling and administrative expense $ 8,400

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

Multiple Choice

$16,650

$10,650

$(18,150)

$6,000

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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations What is the net operating income (loss) for the month under variable costing? Multiple Choice $16.650 $10,650 $(18,150)

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