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Accounting Experts Please Help. Thumbs Up For All Correct Answers! Gabuat Corporation, which has only one product, has provided the following data concerning its most
Accounting Experts Please Help. Thumbs Up For All Correct Answers!
Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 138 Units in beginning inventory Units produced Units sold Units in ending inventory 3,300 2,810 490 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $62,700 $16,860 The total gross margin for the month under the absorption costing approach is: Multiple Choice O s199,50 $18,020 1 o o oo $98,350 $79,560 Step by Step Solution
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