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ssume the following Information for a company that produced 10,000 units and sold 8,000 units during Its first year of operations and produced 8,000 units
ssume the following Information for a company that produced 10,000 units and sold 8,000 units during Its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Per Unit Per Year $200 $ 75 $ 50 $ 8 $ 8 $300,000 Using absorption costing, what is the cost of goods sold for the second year of operations? Multiple Choice $1,705,000 $1414.000 O $1,690,000 $1,334,000
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