1.

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

Selling price	$144
Units in beginning inventory	0
Units produced	3,020
Units sold	2,730
Units in ending inventory	290
Variable costs per unit:
Direct materials	$47
Direct labor	$21
Variable manufacturing overhead	$16
Variable selling and administrative	$9
Fixed costs:
Fixed manufacturing overhead	$90,600
Fixed selling and administrative expenses	$35,490

The total gross margin for the month under absorption costing is:

$81,900

$21,840

$128,430

$139,230