The total gross margin for the month under the absorption costing approach is


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The total gross margin for the month under the absorption costing approach is 2 answers below » A manufacturing company that produces a single product has provided the following  data concerning its most recent month of operations: View complete question » Selling Price $123 Units in beginning inventory 0 Units produced 5,900 Units sold 5,700 Unit in ending inventory 200 Variable costs per unit: Direct materials $40 Direct labor $32 Variable manufacturing overhead $3 Variable selling and administrative $5 Fixed costs: Fixed manufacturing overhead $135,700 A manufacturing company that produces a single product has provided the following  data concerning its most recent month of operations: Selling Price $123 Units in beginning inventory 0 Units produced 5,900 Units sold 5,700 Unit in ending inventory 200 Variable costs per unit: Direct materials $40 Direct labor $32 Variable manufacturing overhead $3 Variable selling and administrative $5 Fixed costs: Fixed manufacturing overhead $135,700 Fixed selling and administrative $108,300 The total gross margin for the month under the absorption costing approach is: A) $245,100 B) $162,100 C) $142,500 D) $5,700 View less » Jul 08 2014 12:38 PM

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