Ewing Incorporated makes one product and has provided the following information:
tabletableBudgeted selling price per unitBudgeted unit sales, Februarytable$ per unit sold unitstableRaw materials requirement per unit ofoutput poundsRaw materials cost,$ per poundtableDirect labor requirement per unit ofoutputtable direct laborhoursDirect labor wage rate,table$ per direct laborhourtablePredetermined overhead rate allvariabletable$ per directlaborhourtableVariable selling and administrativeexpense$ per unit soldtableFixed selling and administrativeexpense$ per month
The estimated net operating income loss for February is closest to:
A $
B $
C $
D $
