Crane Company sells its product for $27 per unit. During 2022, it produced 26500 units and sold 10000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $344500 manufacturing overhead, and $92750 selling and administrative expenses. Cost of goods sold under absorption costing is $150000. $280000. $315000. $742000.

Crane Compary sells its product for $27 per unit. During 2022, it produced 26500 units and sold 10000 units ithere was no beginning inventory) Costs per unit are direct materials $6, direct labour $5, and variable overthear $4. Fixed costs r$344500 manufacturing owerhead, and $92750 selling and adrministrative expenses. Cost of goods sold under absorption costing is $150000 $280000. $315000. $742000