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Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $108 Units in beginning

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

Selling price $108
Units in beginning inventory 0
Units produced 8,900
Units sold 8,500
Units in ending inventory 400
Variable costs per unit:
Direct materials $17
Direct labor $59
Variable manufacturing overhead $5
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $133,500
Fixed selling and administrative $8,700

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

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