Multiple Choice
Use the following information for questions
Sprinkle Co. sells its product for $60 per unit. During 2019, it produced 60,000 units and sold 50,000 units (there was no beginning inventory) . Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $720,000 manufacturing overhead, and $90,000 selling and administrative expenses.
-Cost of goods sold under absorption costing is
A) $1,350,000.
B) $1,620,000.
C) $1,950,000.
D) $1,560,000.
Correct Answer:

Verified
Correct Answer:
Verified
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