Crane Company sells its product for $$29$ per unit.

During $2022,$ it produced $27500$ units and sold

$20000$ units $($there was no beginning inventory$).$

Costs per unit are: direct materials $$6,$ direct labour

$$5,$ and variable overhead $$4.$ Fixed costs are:

$$330000$ manufacturing overhead, and $$55000$

selling and administrative expenses.

Cost of goods sold under absorption costing is

$$742500.$

$$540000.$

$$580000.$

$$300000.$