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Business, 21.04.2020 16:50 shadowmatz

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price $131
Units in beginning inventory 0
Units produced 2,940
Units sold 2,740
Units in ending inventory 200
Variable cost per unit:
Direct materials $44
Direct labor $19
Variable manufacturing overhead $13
Variable selling and administrative $12
Fixed costs:
Fixed manufacturing overhead $85,260
Fixed selling and administrative expenses $16,440
The total gross margin for the month under absorption costing is?

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