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Thnks Bilossom Company sells its product for $25 per unit. During 2022. it produced 20000 units and sold 10000 units (there was no beginning inventory).
Thnks
Bilossom Company sells its product for $25 per unit. During 2022. it produced 20000 units and sold 10000 units (there was no beginning inventory). Costs per unit are: direct materials $5, direct labour $4, and variable overhead $3. Fixed costs are: $240000 manufacturing overhead, and $40000 selling and administrative expenses. Cost of goods sold under absorption costing is \begin{tabular}{|} \hline$480000. \\ $260000. \\ $240000. \\ $120000 \\ \hline \end{tabular} Step by Step Solution
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