A manufacturing company that produces a single product has provided the following data concerning its...
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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 $ 139 Units in beginning inventory 0 Units produced 2,990 Units sold 2,760 Units in ending inventory 230 Variable costs per unit: Direct materials $ 50 Direct labor $ 15 Variable manufacturing overhead $ 12 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $ 107,640 Fixed selling and administrative expense $ 24,840 The total gross margin for the month under absorption costing is: Multiple Choice $22,080 $71,760 $135,480 $146,280 Next Visit question mapQuestion 37 of 50 Total 37 of 50 Prev
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You can see the logs in the Dashboard.