Multiple Choice
During its first year of operations, Carlos Manufacturing Corporation incurred the following costs to produce 8,000 units of its only product: 
The company also incurred the following costs in selling 7,500 units of product during its first year: 
Assume that direct labor is a variable cost. Under absorption costing, what is the total cost that would be assigned to Carlos' finished goods inventory at the end of the first year of operations?
A) $15,000
B) $42,125
C) $44,000
D) $47,125
Correct Answer:
Verified
Correct Answer:
Verified
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