Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: The total gross margin for the month under the absorption costing approach is:
A) $73,000
B) $37,400
C) $13,200
D) $50,600

Question

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:   The total gross margin for the month under the absorption costing approach is:
A) $73,000 
B) $37,400 
C) $13,200 
D) $50,600

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eacbfc_c6be_0429_8ffe_8d80a51b27b3_TB7552_00 11eacbfc_c6be_042a_8ffe_fb4496df77ef_TB7552_00

Gabuat Corporation, Which Has Only One Product, Has Provided the Following