Homework answers / question archive / A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:  Selling price $ 110 Units in beginning inventory 0 Units produced 2,400 Units sold 2,100 Units in ending inventory 300 Variable costs per unit: Direct materials $ 41 Direct labor $ 15 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $64,800 Fixed selling and administrative expense $ 8,400  The total gross margin for the month under absorption costing is:   

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:  Selling price $ 110 Units in beginning inventory 0 Units produced 2,400 Units sold 2,100 Units in ending inventory 300 Variable costs per unit: Direct materials $ 41 Direct labor $ 15 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $64,800 Fixed selling and administrative expense $ 8,400  The total gross margin for the month under absorption costing is:   

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 
Selling price $ 110 Units in beginning inventory 0 Units produced 2,400 Units sold 2,100 Units in ending inventory 300 Variable costs per unit: Direct materials $ 41 Direct labor $ 15 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $64,800 Fixed selling and administrative expense $ 8,400 
The total gross margin for the month under absorption costing is: