The following data are available regarding an organization who makes a single product. The following cost structure applies (based on a budgeted level of 17,000 units per period). Selling price is $16 per unit Administrative overheads are $15,000 per period and the budgeted production overheads are $51,000 per period of which $34,000(2/3) are fixed. What is the Absorption Costing Profit/Loss? The following data are available regarding an organization who makes a single product. The following cost structure applies (based on a budgeted level of 17,000 units per period). Selling price is $16 per unit Administrative overheads are $15,000 per period and the budgeted production overheads are $51,000 per period of which $34,000(2/3) are fixed. What is the Absorption Costing Profit/Loss