Calabria Ltd shows the following costs:

('000)Direct materials 27

Indirect materials (variable component) 3 Direct labour 12

Indirect labour (variable component) 6 Other variable factory overhead 8

Fixed factory overhead 10 Variable selling expenses 5 Fixed selling expenses 4

Last month, 500 units were produced (as budgeted), but sales were only 450 units.

ACC1003/May 2021

What is the cost of goods manufactured using absorption costing?

a) 33,300 b) 28,000 c) 37,500 d) 29,700