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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 Units in beginning
Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory $ 151 0 2,500 2,050 450 Variable costs per unit: Direct materials $ 51 Direct labor Variable manufacturing overhead $ 24 5 Variable selling and administrative expense $ 7 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $57,500 $10,250 he total gross margin for the month under the absorption costing approach is:
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