During its first year of operations, the McCormick Company Incurred the following manufacturing costs Direct materials Direct labor Variable overhead Fixed overhead $6 per unit $4 per unit $5 per unit $220,000 per year The company produced 22,000 units, and sold 16,000 units, leaving 6,000 units in inventory at year end what is t absorption costing? Multiple Choice $310,000 $150,000 $220,000 $90,000 ding inventory under