32 of 40 This 1 pt Year 1 financial data for the ABC Company is as follows: (click the icon to view the Year 1 financial data) Under the absorption method, Year 1 Cost of Goods Sold will be: O A. $2,550,000 O B. $2,950,000 O C. $3,100,000 O D. $3,700,000 Year 1 fnancial data Sales Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Variable SG&A Foxed SG&A 5,000,000 850,000 1,700,000 400,000 750,000 150,000 50,000 Print Done Click to select your answer esc FI F2 F3 FS