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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 $ 106 Units in

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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 $ 106 Units in beginning inventory Units produced 2,600 Units sold 2,200 Units in ending inventory 400 Variable costs per unit: Direct materials $ 46 Direct labor $ 28 Variable manufacturing overhead $ 2 Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $33, 800 Fixed selling and administrative expense $ 8,800 The total contribution margin for the month under variable costing is $.7 Multiple Choice $16,800 $50,600 $37,400 $66,000

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