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Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 135 Units in

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 135
Units in beginning inventory 0
Units produced 3,200
Units sold 2,660
Units in ending inventory 540

Variable costs per unit:
Direct materials $ 53
Direct labor $ 23
Variable manufacturing overhead $ 7
Variable selling and administrative expense $ 8
Fixed costs:
Fixed manufacturing overhead $ 41,600
Fixed selling and administrative expense $ 26,600

The total gross margin for the month under the absorption costing approach is:

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