Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$106 Units in beginning inventory 0Units produced 2,600Units sold 2,200Units in ending inventory 400 Variable costs per unit: Direct materials$46Direct labor$28Variable manufacturing overhead$2Variable selling and administrative expense$7Fixed costs: Fixed manufacturing overhead$33,800Fixed selling and administrative expense$8,800 The total contribution margin for the month under variable costing is:
A. $66,000
B. $50,600
C. $16,800
D. $37,400
Answer: B
Business
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