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Cloudy Company Reports the Following Information for the Current Year

question 114

Multiple Choice

Cloudy Company reports the following information for the current year.
 Units produced this year 51,000 units  Units sold this year 53,000 units  Direct materials $6 per unit  Direct labor $3 per unit  Variable overhead $255,000 in total  Fixed overhead ? in total \begin{array} { l l } \text { Units produced this year } & 51,000 \text { units } \\\text { Units sold this year } & 53,000 \text { units } \\\text { Direct materials } & \$ 6 \text { per unit } \\\text { Direct labor } & \$ 3 \text { per unit } \\\text { Variable overhead } & \$ 255,000 \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 $18, what is total fixed overhead?

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