Cannuck Co. manufactures and sells a variety of hockey products. Recently the company opened a new factory to manufacture a deluxe hockey sticks. Cost and sales data for the first month of operation are shown below: Beginning inventory- 0 units Units produced- 12,000 Units sold- 10,000 Manufacturing costs Fixed overhead- $108,000 Variable overhead- $3 per unit Direct labour- $12 per unit Direct materials- $30 per unit Selling and administrative costs Fixed- $200,000 Variable- $4 per unit sold The hockey sticks unit sells for $110. Management is interested in the opening months results and has asked Cost of Goods sold (normal absorption costing)