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Compute for Adelphi Company the Cost of Goods Sold

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Reference no: EM132612027

Question - Adelphi Company provides the following information for their first year of operations in 2018:

Sales, 8,000 units @ $17 each

Total production, 12,000 units

Production costs per unit:

Direct materials $2.00

Direct labor $3.00

Variable overhead $1.00

Fixed manufacturing overhead $7,000

Adelphi Company uses absorption costing.

Required - Compute for Adelphi Company the FY 2018 Cost of Goods Sold.

Reference no: EM132612027

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