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Arianell, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs

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Arianell, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs $800,000 110,000 45,000 100,000 70,000 Calculate the gross profit for August using absorption costing. O A. $645,000 OB. $700,000 O c. $690,000 O D. $730,000 Last year, Adara Company produced 5,000 units and sold 3,000 units. The company had no beginning inventory. They incurred the following costs $13 57 Direct materials per unit Direct labor per unit Variable overhead per unit Total fixed manufacturing overhead Total selling and administrative $20,000 $70,000 Adara's product cost per unit under absorption costing is O A. $42 OB. $24 O C. $28 OD. $31

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