A manufacturing company that produces a single product has provided the following data concerning its most recent month o operations: Selling price Units in beginning inventory $ 131 Units produced 3,320 Units sold 2,890 Units in ending inventory 430 Variable costs per unit: Direct materials $45 $15 $7 Direct labor Variable manufacturing overhead Variable selling and administrative expense $ 19 Fixed costs: Fixed manufacturing overhead $92.960 Fixed selling and administrative expense $28,900 The total gross margin for the month under absorption costing is: O $130,050 O $119.250 O $104,040 O $20,230 Previous Next