n Question 8 2 pts During its first year of operations, Stark Company paid $7,000 for direct materials and $9,500 for production workers' wages. Lease payments and utilities on the production facilities amounted to $8,500 while general, sefing, and administrative expenses totaled $6,000. The company sold 3,000 units at a price of $10.50 a unit, but they produced 5,000 units. Assume 100% of manufacturing overhead costs was applied. What is Stark's cost of goods sold for the year? O $25,000 O $15,000 $12,300 O $20,500