Brush Industries reports the following information for May:Sales$900,000Fixed cost of goods sold 100,000Variable cost of goods sold 250,000Fixed selling and administrative costs 100,000Variable selling and administrative costs 125,000 Calculate the gross margin for May under absorption costing.

A. $550,000
B. $650,000
C. $525,000
D. $325,000
E. $575,000


Answer: A

Business

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