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Farris Corporation, which has only one product, has provided the following data concerning its most...

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Accounting

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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory $100 0 8,800 8,400 400 Variable costs per unit: Direct materials $ 15 Direct labor $ 57 Variable manufacturing overhead $ 3 Variable selling and administrative expense $ 7 Fixed costs: Fixed manufacturing overhead $132,000 Fixed selling and administrative expense $ 8,500 What is the net operating income (loss) for the month under variable costing? Multiple Choice $16,700 $6,000 (loss) for the month under variable costing? Multiple Choice $16,700 $6,000 $(19.300) $10,700

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