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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 $136 Units in beginning

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

Selling price $136
Units in beginning inventory 0
Units produced 9,250
Units sold 8,850
Units in ending inventory 400
Variable costs per unit:
Direct materials $24
Direct labor $66
Variable manufacturing overhead $12
Variable selling and administrative $16
Fixed costs:
Fixed manufacturing overhead $138,750
Fixed selling and administrative $9,400

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

$29,650

$11,150

$17,150

$6,000

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