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Business, 21.04.2020 04:27 artursino

Manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 138 Units in beginning inventory 0 Units produced 2,950 Units sold 2,550 Units in ending inventory 400 Variable costs per unit: Direct materials $ 42 Direct labor $ 15 Variable manufacturing overhead $ 14 Variable selling and administrative expense $ 17 Fixed costs: Fixed manufacturing overhead $ 103,250 Fixed selling and administrative expense $ 20,400 The total gross margin for the month under absorption costing is:

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