Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 122 Units in beginning inventory Units produced Units sold Units in ending inventory 2,100 1,680 420 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 5 $16,800 $11,760 The total gross margin for the month under the absorption costing approach is: TI-BA Plus TEXAS IST delete STAT PLOTT YE return shift 29.01