Big Blue Bubble Company Produces a Product with the Following $\begin{array}{lr}\text { Direct materials } & \$ 15 \\\text { Direct labour } & 10 \\\text { Overhead } & 15\end{array}$

Multiple Choice

Big Blue Bubble Company produces a product with the following per-unit costs:
Last year, Gateway produced and sold 750 units at a sales price of $80 each. Total selling and administrative expense was $25,000.
$\begin{array}{lr}\text { Direct materials } & \$ 15 \\\text { Direct labour } & 10 \\\text { Overhead } & 15\end{array}$
-Refer to the Figure.What was the cost of goods sold last year?

A) $14,250
B) $30,000
C) $47,500
D) $51,000