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Question - Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.
Units produced this year 39,000 units
Units sold this year 23,400 units
Direct materials $23per unit
Direct labor $25per unit
Variable overhead $3per unit
Fixed overhead $195,000 in total
Given Advanced Company's data, compute cost of finished goods in inventory under absorption costing.
a. $873,600
b. $2,184,000
c. $1,310,400
d. $795,600
e. $1,193,400
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