A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: The total gross margin for the month under absorption costing is:
A)$6,800
B)$197,200
C)$149,600
D)$179,000

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:  The total gross margin for the month under absorption costing is:
A)$6,800 
B)$197,200 
C)$149,600 
D)$179,000

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eaa3fe_32a7_f4da_908b_11d5246f0666_TB2461_00 Absorption costing income statement
 11eaa3fe_32a8_1beb_908b_efe8e40283c4_TB2461_00

A Manufacturing Company That Produces a Single Product Has Provided