Clemeson 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) $149,600
B) $10,200
C) $115,400
D) $91,800

Question

Clemeson 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) $149,600 
B) $10,200 
C) $115,400 
D) $91,800

Quizplus · Accepted Answer

Unit product cost under absorption costing:
 11eacbfc_c6dd_c045_8ffe_b5322d3748b5_TB7552_00 11eacbfc_c6dd_c046_8ffe_7fa41900c626_TB7552_00

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