Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Using absorption costing, what is gross profit for last month? (Round any intermediary calculations to the nearest whole dollar.)
A)$296,800
B)$182,000
C)$2,265,200
D)$67,200

Question

Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year.  Using absorption costing, what is gross profit for last month? (Round any intermediary calculations to the nearest whole dollar.)
A)$296,800 
B)$182,000 
C)$2,265,200 
D)$67,200

Quizplus · Accepted Answer

The Answer of Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year.  Using absorption costing, what is gross profit for last month? (Round any intermediary calculations to the nearest whole dollar.)
A)$296,800 
B)$182,000 
C)$2,265,200 
D)$67,200

Hyper Color Company Manufactures Widgets