Business, 06.08.2021 16:10 LunaShiner

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 144
Units in beginning inventory 0
Units produced 3,020
Units sold 2,730
Units in ending inventory 290
Variable costs per unit:
Direct materials $ 47
Direct labor $ 21
Variable manufacturing overhead $ 16
Variable selling and administrative expense $ 9
Fixed costs:
Fixed manufacturing overhead $ 90,600
Fixed selling and administrative expense $ 35,490
The total gross margin for the month under absorption costing is: .
a. $81,900
b. $21,840
c. $128,430
d. $139,230

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A manufacturing company that produces a single product has provided the following data concerning it...

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