Answer Happy

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $148 0 Units in beginning inventory 3,200 Units produced Units sold 2,870 Units in ending inventory 330 Variable costs per unit: Direct materials $45 Direct labor $ 23 Variable manufacturing overhead $7 $19 Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $112,000 Fixed selling and administrative expense $34,440 The total gross margin for the month under absorption costing is Multiple Choice $109,060 $20,090 $144180 $154,980