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Determine for Anna Company the Cost of Goods Sold

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

Sales, 9,000 units @ $20 each

Total production, 11,000 units

Production costs per unit:

Direct materials $2.00

Direct labor $4.00

Variable overhead $2.00

Fixed manufacturing overhead $9,000

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

Reference no: EM132447223

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