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Business, 19.03.2021 04:00 angellynn581

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 164 Units in beginning inventory 0 Units produced 3,700 Units sold 3,260 Units in ending inventory 440 Variable costs per unit: Direct materials $ 51 Direct labor $ 32 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 6 Fixed costs: Fixed manufacturing overhead $88,800 Fixed selling and administrative expense $32,600 The total gross margin for the month under the absorption costing approach is:

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