Question 26 2 pts During its first year of operations, Remnant Company paid $6,000 for direct materials and $11,500 for production workers wages. Lease payments and utilities on the production facilities amounted to $6,500 while general, selling and administrative expenses totaled $4,000. The company produced 6,000 units and sold 5,000 units at a price of $7.50 a unit. What is COGS at the end of the first year? 17.917 23,333 20,000 17,500 MacBook Pro $ 3