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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 45,000 units Units
Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 45,000 units Units sold this year 27,000 units Direct materials $ 5.75 per unit Direct labor $ 6.75 per unit Variable overhead $ 168,750 in total Fixed overhead $ 258,750 in total Given Advanced Company's data, compute cost of finished goods in inventory under absorption costing. $337,500 $396,000 $225,000 $292,500 $499,500
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