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Sprinkle Co. sells its product for $60 per unit. During 2022, it produced 60,000 units and sold 52,000 units (there was no beginning inventory). Variable
Sprinkle Co. sells its product for $60 per unit. During 2022, it produced 60,000 units and sold 52,000 units (there was no beginning inventory). Variable costs per unit are: direct materials $15, direct labor $9, and overhead $3. Fixed costs are: $720,000 manufacturing overhead, and $90,000 selling and administrative expenses. Cost of goods sold under absorption costing is
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