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QUESTION 2 A manufacturing company that produces a single product has provided the following data concerning is most recent month of operations: Selling price $

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QUESTION 2 A manufacturing company that produces a single product has provided the following data concerning is most recent month of operations: Selling price $ 117 Units in beginning inventory 0 Units produced 2,900 Units sold 2,500 Units in ending inventory 400 Variable costs per unit: Direct materials $ 32 Direct labor $ 45 Variable manufacturing overhead Variable selling and administrative expenso $ 9 Fixed costs: Fixed manufacturing overhead $ 43,500 Fixed selling and administrative expense $ 15,000 The total gross margin for the month under absorption costing is: O $72,500 $20,000 $ 2 $57,500 $95.100

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