Clear Company Reports the Following Information for Its First Year

Multiple Choice

Clear Company reports the following information for its first year of operations: $\begin{array}{ll}\text { Units produced this year } & 50,000 \text { units } \\\text { Units sold this year } & 49,000 \text { units } \\\text { Direct materials } & \$ 7 \text { per unit } \\\text { Direct labor } & \$ 3 \text { per unit } \\\text { Variable overhead } & \$ 210,000 \text { in total } \\\text { Fixed overhead } & ? \text { in total }\end{array}$ If the company's cost per unit of finished goods using absorption costing is $19.30, what is total fixed overhead?

A) $350,000
B) $255,000
C) $150,000
D) $249,900
E) $147,000