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Crane Company sells its product for $29 per unit. During 2022. it produced 27500 units and sold 20000 units (there was no beginning inventory).

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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. Under absorption costing, what amount of fixed overhead is deferred to a future period? $90000 $82500 $240000 $330000

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