Corporation manufactures a propeller

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Reference no: EM13914233

Cutters kit Corporation manufactures a propeller. Shown below is Cutterski's cost structure: Variable cost per propeller Total fixed cost for the year Manufacturing cost $114 $810,000 Selling and administrative expense $20 $243,000 In its first year of operations, Cutter ski produced 60,000 propellers but only sold 54,000.

What would Cutterski report as its cost of goods sold under absorption costing?

$6,966,000

$6,885,000

$6,156,000

$8,208,000

Reference no: EM13914233

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