The firm uses absorption costing. Units produced (no work in process) 6,000 Units sold 5,000 Units in ending inventory of finished goods 1,000 Sales price for each unit $75 Variable manufacturing costs for each unit manufactured $30 Variable selling and admin. expenses for each unit sold $16 Fixed manufacturing costs for the year $90,000 Fixed selling and admin. expenses for the year $65,000 The cost of the goods sold for the year is: A. $270,000. B. $225,000. C. $150,000. D. $45,000.

Question

The firm uses absorption costing. Units produced (no work in process) 6,000 Units sold 5,000 Units in ending inventory of finished goods 1,000 Sales price for each unit $75 Variable manufacturing costs for each unit manufactured $30 Variable selling and admin. expenses for each unit sold $16 Fixed manufacturing costs for the year $90,000 Fixed selling and admin. expenses for the year $65,000 The cost of the goods sold for the year is:  A. $270,000.   B. $225,000.   C. $150,000.   D. $45,000.

anonymous · Answer

Thank you in advance!!!!!!!!!