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15 Marigold Corp. sells its product for $50 per unit. During 2022, it produced 60000 units and sold 50000 units (there was no beginning inventory).

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Marigold Corp. sells its product for $50 per unit. During 2022, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $22, direct labor $9, and variable overhead $3. Fixed costs are: $480000 manufacturing overhead, and $70000 selling and administrative expenses. Cost of goods sold under absorption costing is $1700000.$2120000$2040000$2100000

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