Layne Company, which has only one product, has provided the following data concerning its most recent month of operations: $126 Selling price Units sold Units produced 8,400 8,700 Variable costs per unit: Direct Material Direct Labor Variable manufacturing overhead Variable selling & administrative expenses Fixed costs: Fixed manufacturing overhead Fixed selling & administrative $156,600 $151,200 What is the net operating income for the month under variable costing? Multiple Choice O $(12,900)