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Obama Company sells its product for $26 per unit. During 2020, it produced 28500units and sold 15000 units (there was no beginning inventory). Costs per
Obama Company sells its product for $26 per unit. During 2020, it produced 28500units and sold 15000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $427500 manufacturing overhead, and $99750 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period? $189000 O O $202500 O $225000 O $427500
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