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Demonstarte for adelphi company the cost of goods sold

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Reference no: EM132667731

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

Sales, 10,000 units @ $16 each

Total production, 11,000 units

Production costs per unit:

Direct materials $4.00

Direct labor $3.00

Variable overhead $1.00

Fixed manufacturing overhead $11,000

Problem 1: Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest whole dollar)

Reference no: EM132667731

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