manufacturing company has provided the following data concerning its most recent month of operations:
Selling price
$126
Units in beginning inventory
0
Units produced
3100
Units sold
3000
Units in ending inventory
100
Variable costs per unit:
Direct materials
$22
Direct labor
43
Variable manufacturing overhead
3
Variable selling and administrative
10
Fixed costs:
Fixed manufacturing overhead
$89900
Fixed selling and administrative
42000
What is the net income for the month under variable costing?
Select one: a. $15000 b. $12100 c. $2900 d. $5300