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Could someone please help me answer this question. Thank you in advance! A manufacturing company that produces a single product has provided the following data
Could someone please help me answer this question. Thank you in advance!
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 154 $ 0 2,560 2,230 330 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 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 $ $ $ 51 24 15 16 $ $92,160 $11,150 The total gross margin for the month under absorption costing is: Multiple Choice $62,440 U O $15,610 $96,240 $107,040Step by Step Solution
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