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?
Definitions:
Transition State
A high-energy, intermediate state of the reactants during a chemical reaction that leads to the formation of products.
Solvolysis
The chemical process of breaking bonds in a compound by reaction with a solvent.
Stereochemistry
The study of the spatial arrangement of atoms in molecules and its influence on the physical and chemical properties of substances.
Solvolysis
A chemical reaction in which the solvent plays the role of a reactant, breaking bonds within the substrate molecule, often involving water or alcohol.
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