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Numero Uno Company reports the following information for the current year (see table), which is its first year of operations. Assume Numero Uno uses absorption

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"Numero Uno Company reports the following information for the current year (see table), which is its first year of operations. Assume Numero Uno uses absorption costing to prepare its Income Statement. Determine the total operating costs for the year." Direct materials $12 per unit Direct labor $15 per unit S3 per unit $300,000 per year $ 2 per unit Variable factory overhead Fixed factory overhead Variable Sales and Admin Fixed Sales and Admin Units produced this year Units sold this year Ending finished goods inventory in units Unit price of Sales $100,000 per year 30,000 units 28,000 units 2,000 units $50 per unit

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