The following information is available for Barnes Company for the fiscal year ended December 31 Beginning finished goods inventory in units Units produced Units sold Sales Materials cost Variable conversion cost used Fixed manufacturing cost Indirect operating costs (fixed) 7,200 5,200 $ 676,000 $ 144,000 $ 72,000 $ 540,000 $ 104,000 Cost of goods sold using absorption costing is: Multiple Choice WW 0 $364,000 $612,667 0 O $122,000 0 o $546,000 0