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Brush Industries reports the following information for May: Sales $ 955,000 Fixed cost of goods sold 111,000 Variable cost of goods sold 261,000 Fixed selling

Brush Industries reports the following information for May: Sales $ 955,000 Fixed cost of goods sold 111,000 Variable cost of goods sold 261,000 Fixed selling and administrative costs 111,000 Variable selling and administrative costs 136,000 Calculate the gross margin for May under absorption costing.

  • $583,000

  • $358,000

  • $694,000

  • $580,000

  • $619,000

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