Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 106 Units in beginning inventory 0 Units produced 2,600 Units sold 2,200 Units in ending inventory 400 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead 46 $ 28 2 $ 7 $33,800 Fixed selling and administrative expense $ 8,800 The total gross margin for the month under the absorption costing approach is: