Question
manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $117 Units in beginning
manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $117 Units in beginning inventory 0 Units produced. 2900 Units sold. 2500 Units in ending inventory. 400 Variable costs per unit: Direct materials $32 Direct labor. $45 Variable manufacturing overhead. $2 Variable selling and administrative expense. $9 Fixed costs: Fixed manufacturing overhead. $43500 Fixed selling and administrative expense. $15000 The total gross margin for the month under absorption costing is:
Chose $57500 or $20000 or $95100 or $72500
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