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Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000 units Units

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Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000 units Units sold this year 15,000 units Direct materials $8 per unit Direct labor $10 per unit Variable overhead $3 per unit Fixed overhead $100,000 in total Given Advanced Company's data, compute cost of goods sold using absorption costing. Direct materials $8 per unit Direct labor $10 per unit Variable overhead $3 per unit Fixed overhead $100,000 in total Given Advanced Company's data, compute cost of goods sold using absorption costing

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