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

Selling price	$99
Units in beginning inventory	0
Number of units produced	2,900
Number of units sold	2,600
Units in ending inventory	300
Variable costs per unit:
Direct materials	$27
Direct labor	$11
Variable mfg. overhead	$6
Variable selling and administrative expense	$7
Fixed costs:
Fixed mfg. overhead	$104,400
Fixed selling and administrative expense	$13,000

The total gross margin for the month under the absorption costing approach is:

		A. $49,400
		B. $18,200
		C. $73,400
		D. $124,800