A manufacturing company that produces a single product has provided the following data concerning its...
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Accounting
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 140 Units in beginning inventory 0 Units produced 2,640 Units sold 2,250 Units in ending inventory 390 Variable costs per unit: Direct materials $ 48 Direct labor $ 18 Variable manufacturing overhead $ 10 Variable selling and administrative expense $ 16 Fixed costs: Fixed manufacturing overhead $92,400 Fixed selling and administrative expense $13,500 The total gross margin for the month under absorption costing is
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You can see the logs in the Dashboard.