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)$42,000
B)$14,700
C)$69,000
D)$79,800

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)$42,000 
B)$14,700 
C)$69,000 
D)$79,800

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eaa48f_7ba1_2ba7_9e4a_75892dd8da50_TB2485_00 Absorption costing income statement
 11eaa48f_7ba1_2ba8_9e4a_572b3e43d7ea_TB2485_00

A Manufacturing Company That Produces a Single Product Has Provided