Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Per Unit Per Year Selling price Direct materials Direct labor Sales commission $200 $ 79 $ 50 Variable manufacturing overhead $ 12 $ 8 Fixed manufacturing overhead $300,000 Using absorption costing, what is the cost of goods sold for the second year of operations? Multiple Choice $1,478,000 $1,770,000 $1,785,000 $1,398,000 < Prev 7 of 12 Next >