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Determine for Adelphi Company the Cost of Goods Sold

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

Sales, 10,000 units @ $20 each

Total production, 12,000 units

Production costs per unit:

Direct materials $3.00

Direct labor $2.00

Variable overhead $2.00

Fixed manufacturing overhead $12,000

Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold.

Reference no: EM132481828

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