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What the total gross margin for the month

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Reference no: EM132920736

Question - A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price $137

Units in beginning inventory 0

Units produced 2,850

Units sold 2,700

Units in ending inventory 150

Variable costs per unit:

Direct materials $44

Direct labor $21

Variable manufacturing overhead $12

Variable selling and administrative expense $17

Fixed costs:

Fixed manufacturing overhead $91,200

Fixed selling and administrative expense $10,800

Required - What the total gross margin for the month under absorption costing?

Reference no: EM132920736

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