42 2 points Hex Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold Fixed selling and administrative costs Variable selling and administrative costs 02:00:41 Calculate the gross profit for May under absorption costing. Multiple Choice $662,000 $559,000 $540,000 $334,000 $587,000 $ 915,000 103,000 253,000 103,000 128,000