Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations:Selling price

Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations:Selling price $ 165Units in beginning inventory 1,350Units produced 9,250Units sold 9,350Units in ending inventory 1,250Variable costs per unit:Direct materials $ 37Direct labor $ 54Variable manufacturing overhead $ 18Variable selling and administrative expense $ 28Fixed costs:Fixed manufacturing overhead $ 74,000Fixed selling and administrative expense $ 166,600The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under absorption costing


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