Solution-Find cost of goods sold under absorption costing is

Find cost of goods sold under absorption costing is

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Reference no: EM132571451

Question 1: Obama Company sells its product for $26 per unit. During 2020, it produced 28000 units and sold 16000 units (there was no beginning inventory). Costs per unit are: direct materials $8, direct labour $7, and variable overhead $6. Fixed costs are: $448000 manufacturing overhead, and $56000 selling and administrative expenses. Cost of goods sold under absorption costing is

Reference no: EM132571451

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Find cost of goods sold under absorption costing is

Reference no: EM132571451

Reference no: EM132571451

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