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What is the total gross margin for the month

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Reference no: EM133019619

Question - A manufacturing company that produces a single product has provided the data shown concerning it most recent month of operations. What's the total gross margin for the month under absorption costing?

Selling price $120

Units in beginning inventory 0

Units produced 7,100

Units sold 6,800

Units in ending inventory 300

Variable costs per unit

Direct materials $42

Direct labor $33

Variable manufacturing overhead $5

Variable selling and administrative $11

Fixed costs

Fixed manufacturing overhead $127,800

Fixed selling and administrative $68,000

A) $6,800

B) $149,600

C) $197,200

D) $179,000

Reference no: EM133019619

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