Multiple Choice
The Southern Corporation manufactures a single product and has the following cost structure:
Last year, 7,000 units were produced and 6,800 units were sold. There was no beginning inventory.
-Under absorption costing,the cost of goods sold for the year would be:
A) $258,400
B) $394,400
C) $353,600
D) $398,400
Correct Answer:

Verified
Correct Answer:
Verified
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