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Gabuat Corporation, which has only one product, has provided the following data concerning its most...

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Accounting

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Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory $ 145 0 2,500 2,180 320 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 46 $ 32 $6 $ 7 $37,500 $13,080 The total gross margin for the month under the absorption costing approach is: Multiple Choice O $87,200 $172.220 O O $100.280 $85.020

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