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Business, 03.04.2020 20:05 ismailhajisaid29101

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 138 Units in beginning inventory 0 Units produced 3,390 Units sold 2,840 Units in ending inventory 550 Variable costs per unit: Direct materials $ 51 Direct labor $ 16 Variable manufacturing overhead $ 14 Variable selling and administrative expense $ 10 Fixed costs: Fixed manufacturing overhead $ 115,260 Fixed selling and administrative expense $ 17,040 The total gross margin for the month under absorption costing is:

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