TB MC Qu. 8-118 (Algo) Gabuat Corporation, which has ... Gabuat Corporation, which has only one...

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TB MC Qu. 8-118 (Algo) Gabuat Corporation, which has ... 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 $ 147 0 2,200 1,910 290 Variable costs per unit: Direct materials $ 47 Fixed manufacturing overhead Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed selling and administrative expense $ 34 $ 5 $ 6 $39,600 $15,280 The total gross margin for the month under the absorption costing approach is: TB MC Qu. 8-118 (Algo) Gabuat Corporation, which has ... 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 $ 147 0 2,200 1,910 290 Variable costs per unit: Direct materials $ 47 Fixed manufacturing overhead Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed selling and administrative expense $ 34 $ 5 $ 6 $39,600 $15,280 The total gross margin for the month under the absorption costing approach is: