Abbott, Inc. has the following cost data for Product $x,$ and unit product cost using absorption costing when production is $200$ units, $500$ units, and $1,000$ units.

$($Click on the icon to view the cost data.$),($Click on the icon to view the unit product cost data.$)$

Product $x$ sells for $$200$ per unit. Assume no beginning inventories.

Read the requirements.

Begin by selecting the labels and computing the gross profit for scenario a$.$ and then compute the gross profit for scenario b$.$ and c$.$

Reference