What is the cost of goods sold for year

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Question: What is the cost of goods sold for year 2 & 3 O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Variable costs per unit: Manufacturing: Direct materials $ 27 Direct labor $ 17 Variable manufacturing overhead $ 4 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 540,000 Fixed selling and administrative expenses $ 190,000 During its first year of operations, O'Brien produced 95,000 units and sold 71,000 units. During its second year of operations, it produced 82,000 units and sold 101,000 units. In its third year, O'Brien produced 85,000 units and sold 80,000 units. The selling price of the company's product is $74 per Get expert-level assistance in any subject with our assignment help services.

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