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Jane Company started its operations at the beginning of 2016. The production and sales data of for the year 2016 were as follows: Variable costs

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Jane Company started its operations at the beginning of 2016. The production and sales data of for the year 2016 were as follows: Variable costs per unit: Direct materials: $20 Direct labor: $10 Variable manufacturing overhead: $4 Variable selling and administrative expenses: $8 Fixed costs per year: Fixed manufacturing overhead: S180,000 Fixed selling and administrative expenses: $600,000 During the year 2016, Jane Company manufactured 30,000 units out of which 23,000 units were sold. What is the cost of goods sold using absorption costing? (DO NOT USE COMMAS OR ANY SYMBOLS)

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