Risser woodworking corporation produces fine cabinets. the company uses a job-order costing system in which its predetermined overhead rate is based on capacity.
the capacity of the factory is determined by the capacity of its constraint, which is an automated jointer.

additional information is provided below for the most recent month: estimates at the beginning of the month: estimated total fixed manufacturing overhead $ 16,244 capacity of the jointer 310 hoursactual results: sales $ 66,300 direct materials $ 15,900 direct labor $ 14,430 actual total fixed manufacturing overhead $ 16,244 selling and administrative expense $ 9,500 actual hours of jointer use 260 hours

the gross margin that would be reported on the income statement prepared for internal management purposes would be closest to:

a) $10,242

b) $19,142

c) $17,954

d) $62,310