Question 2 1 pts Lovegood Custom Designers (LCD), a furniture maker, has enough capacity to produce 800 dinner tables. The following information was gathered in the month of November. Units Sold 675 Sales Price $836 Direct Materials per Table $100 Labor Cost per Table $240 Variable Overhead Incurred per Table $80 Fixed Overhead $60,000 Variable Sales and Service Expense per Table $60 Showroom Monthly Rent $35,500 LCD was able to produce 750 units during the month and it had 40 units in beginning inventory. How much is gross margin under absorption costing? $235,875 $239,425 $226,425 $230,375