Multiple Choice
Seattle Enterprises produces packaged fresh meals that sell for $10 each. During the current month, Seattle produced 2,800 meals, but only sold 2,700 meals. The variable cost per meal was $6 and the sales commissions per meal were $1. Total fixed manufacturing costs were $1,400 and total fixed marketing and administrative costs were $1,200.
-Gross profit under absorption costing would be:
A) $10,800.
B) $9,450.
C) $8,250.
D) $5,550.
Correct Answer:

Verified
Correct Answer:
Verified
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