Gus Company uses an actual costing system. Gus has provided the following information concerning its most recent month of operations for its sole product. Selling price per unit $106 $ 46 Variable costs per unit: Direct materials. Direct labor....... Variable manufacturing overhead Variable selling and administrative 28 2 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $40,000 8,800 Units in beginning finished goods inventory ........ O units Units produced......... 2,500 units Units sold 2,000 units Manufacturing overhead is allocated to products based on units produced. Variable selling and administrative cost is driven by number of units sold. There are no work-in-process inventories. The total gross margin for the month under absorption costing is: O $46,000 $20,000 O $14.000