Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $144 Units in beginning inventory 0 Units produced 9,350 Units sold 8,950 Units in ending inventory 400 Variable costs per unit: Direct materials $26 Direct labor $68 Variable manufacturing overhead $14 Variable selling and administrative $18 Fixed costs: Fixed manufacturing overhead $140,250 Fixed selling and administrative $9,600 What is the net operating income for the month under absorption costing?
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