During its first year of operations, Kima Corp. experienced the following: Units manufactured 70,000
Units sold 60,000
Product costs:
Variable $10.50/unit
Fixed $315,000
Selling and Administrative:
Variable $1.60/unit
Fixed $140,000
The cost of goods sold under absorption costing would be:
A) $585,000
B) $735,000
C) $945,000
D) $900,000
Correct Answer:
Verified
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