Respuesta :
Answer:
Total Gross Margin under absorption costing is $815550
Explanation:
Absorption Costing treats Fixed Manufacturing Costs as a part of product cost.
Sales ($75×52000)                                      3900000
Less Cost Cost of Sales
Opening Stock of Finished goods                     0
Add Production Cost of Finished Goods
Direct Materials ($25× 57000)                    1425000
Direct Labor ($18× 57000)                       1026000
Variable Manufacturing Overheads ($5× 57000)     285000
Fixed Manufacturing overheads ($11.32×57000)      645000
                                            3381000
Less Closing Stock of Finished goods
(25+18+5+11.31) × (57000-52000)                 ( 296550)
Cost of Goods Sold                                       3084450
Gross Profit                                               815550