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Marigold Corp. sells its product for $90 per unit. During 2022 , it produced 60000 units and sold 50000 units (there was no beginning inventory).

image text in transcribed Marigold Corp. sells its product for $90 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 $10, and variable overhead $2. Fixed costs are: $720000 manufacturing overhead, and $50000 selling and administrative expenses. Cost of goods sold under absorption costing is $1800000$1920000$1500000$2100000

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