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Business, 12.03.2021 16:30 freddhendrickss

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 149 Units in beginning inventory 0 Units produced 2,800 Units sold 2,350 Units in ending inventory 450 Variable costs per unit: Direct materials $ 52 Direct labor $ 24 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 8 Fixed costs: Fixed manufacturing overhead $ 70,000 Fixed selling and administrative expense $ 21,150 The total gross margin for the month under the absorption costing approach is

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