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Alvarez Manufacturing Co. divided all of its costs and expenses into fixed and variable components. Data for the company's first year of operations follows Ignore

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Alvarez Manufacturing Co. divided all of its costs and expenses into fixed and variable components. Data for the company's first year of operations follows Ignore income taxes Beginning inventory of finished goods 15,000 13,000 2,000 Units produced (no work in process) Units sold Units in ending inventory of finished goods Sales price Variable manufacturing costs Variable selling and administrative expenses Fixed manufacturing costs for year Fixed selling and administrative expenses for year S 195 per unit $ 75 for each unit manufactured $ 35 per unit sold 150,000 375,000 Using the absorption method, calculate the following 1. Cost of goods manufactured for the year Variable manufacturing costs Fixed manufacturing costs Total cost of goods manufactured 13 fs f6 16 f8

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