Aaron Corporation, which ha only one product, ha provided the following data concerning it mot recent month of operation:
Selling price $ 90
Unit in beginning inventory 0
Unit produced 3,400
Unit old 3,000
Unit in ending inventory 400
Variable cot per unit:
Direct material $ 21
Direct labor $ 38
Variable manufacturing overhead $ 6
Variable elling and adminitrative expene $ 4
Fixed cot:
Fixed manufacturing overhead $ 54,400
Fixed elling and adminitrative expene $ 3,000
The total gro margin for the month under the aborption coting approach i:
$63,000
$12,000
$27,000
$59,400