A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling Price

$103

Units in beginning inventory

0

Units produced

1,700

Units sold

1,400

Unit in ending inventory

300

Variable costs per unit:

 

Direct materials

$39

Direct labor

$32

Variable manufacturing overhead

$6

Variable selling and administrative

$5

Fixed costs:

 

Fixed manufacturing overhead

$6,800

Fixed selling and administrative

$8,400

What is the net operating income for the month under absorption costing?

A) $14,200

B) ($8,900)

C) $1,200

D) $15,400