What amount will bmw report cost of goods sold

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Reference no: EM132795642

BMW Corporation manufactures a product. Shown below is Rawan's cost structure:

Variable cost/ product fixed cost for the year

Manufacturing cost $114 $810,000

Selling and administrative $20 $243,000

Problem 1: In its first year of operations, Rawan produced 60,000 products but only sold 54,000. At what amount will BMW report its cost of goods sold for this first year for external reporting purposes?

Reference no: EM132795642

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