Cove Company manufactures and sells one product. The following information pertains to the company's first year of operation below: Units produced Units sold Selling price 17,000 15,000 100 Variable Costs per unit: Direct materials Direct labor 27 Variable manufacturing overhead 10 Variable selling and administrative Fixed Costs: Fixed manufacturing overhead Fixed selling and administrative 300,000 70,000 What is the total amount of cost of goods sold reported for the year under absorption costing? 1,089,706 1,125,000 1,235,000 825,000