Would you please work out the problem.

Take note of the sentence before multiple choice.

Thanks

ezto.mheducation.com Course Hero (477 unread) - jacintofern@yahoo.com - Yahoo Mail Inal Individual Assignment 2020 Saved 37 Columbia Company's variable costing statement of comprehensive Income for November appears below: Columbia Company Statement of Comprehensive Income For the month ended November 30 Dints Sales (40,000) units * $30 per unit E1,200,000 Skipped Variable expenses: Variable cost of goods sold: Beginning inventory (8,000 units) $144,000 Add: Variable cost of goods manufactured. 630,000 eBook Good available for Sale. 774,000 Less: Ending Inventory (3,000 units) 54,000 Variable cost of goods sold 720,000 References Variable selling expenses 160,000 Contribution margin 880,000 Fixed expenses: 320,000 Manufacturing 140.000 Selling and admin 35,000 Total fixed expenses 175,000 Operating profit 145,000 Under absorption costing, for the month ended November 30 the company would report a: Multiple Choice O $125,000 loss. O E145,000 profit O E125,000 profit. E120,000 profit