Ilford Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 97 Units in beginning inventory 0 Units produced 7200 units sold 6900 units in ending inventory 300 Variable costs per unit: Direct materials $ 27 direct labor $ 35 variable manufacturing overhead $ 2 variable selling and administrative $4 Fixed costs: fixed manufacturing overhead $ 136,800 fixed selling and administrative $ 62,100 What is the net operating income for the month under variable costing? Answer $1,200 $5,700 $6,900 $(18,000)