Adelphi Company provides the following information for their first year of operations in 2018: Sales, 8,000 units
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Question:
Adelphi Company provides the following information for their first year of operations in 2018:
Sales, 8,000 units @ $17 each
Total production, 12,000 units
Production costs per unit:
Direct materials$2.00
Direct labor$3.00
Variable overhead$1.00
Fixed manufacturing overhead$7,000
Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest whole dollar)
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