MC Leeds Electronics, which has only one...

Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $370$

Units in beginning inventory $0$

Units produced $4,500$

Units sold $4,200$

Units in ending inventory $300$

Variable costs per unit:

Direct materials $124$

Direct labour $134$

Variable manufacturing overhead $11$

Variable selling and administrative $15$

Fixed costs:

Fixed manufacturing overhead $217,500$

Fixed selling and administrative $115,200$

What is the operating profit for the month under absorption costing if fixed selling and administrative expenses were $130,000?$