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Current Attempt in Progress Swifty Corporation sells its product for $50 per unit. During 2022, it produced 60000 units and sold 50000 units (there was

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Current Attempt in Progress Swifty Corporation sells its product for $50 per unit. During 2022, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $18, direct labor $11, and variable overhead $3. Fixed costs are: $660000 manufacturing overhead, and $70000 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period? $30000 $140000. $660000. O $110000

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