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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $138 Units in

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

Selling price $138
Units in beginning inventory 0
Units produced 3,060
Units sold 2,500
Units in ending inventory 560
Variable costs per unit:
Direct materials $41
Direct labor $17
Variable manufacturing overhead $14
Variable selling and administrative $9
Fixed costs:
Fixed manufacturing overhead $113,220
Fixed selling and administrative expenses $32,500

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

$72,500$17,500$131,700$142,500

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