Use the Following Information for Questions

question 55

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.

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Definitions:

Amniotic Sac

A fluid-filled sac that surrounds and protects the embryo and fetus in the uterus.

Baby's Head

The upper part of an infant's body containing the brain, eyes, ears, nose, and mouth, notable for its large size relative to the rest of the body.

Uterine Contractions

Involuntary muscular contractions of the uterus, significant for menstrual processes, childbirth, and sometimes indicative of reproductive health issues.

Intense Anxieties

Strong feelings of fear or dread about potential future events or outcomes, often disproportionate to the actual threat.