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 $5 per unit Direct labor $10 per unit Variable overhead $3 per unit Fixed overhead $50,000 in total Given Advanced Company's data, compute cost of goods sold using absorption costing. Numeric Response

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 $5 per unit Direct labor $10 per unit Variable overhead $3 per unit Fixed overhead $50,000 in total Given Advanced Company's data, compute cost of goods sold using absorption costing