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A manufacturing company producing a single product provided the following data for its most recent operating month: Sale price 138 dollars Units in initial inventory

A manufacturing company producing a single product provided the following data for its most recent operating month:

Sale price138 dollars


Units in initial inventory0
Produced units2.950
units sold2.550
Units in the closing inventory400


Variable cost per unit:
Direct materials42 dollars
direct labor15 dollars
Variable production load14 dollars
Variable sales and management17 dollars
Fixed costs:
Fixed production load103.250 $
Fixed selling and administrative expenses$20,400


Calculate the total gross profit for the month under the absorption cost method.

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