Bramble Corp. sells its product for $60 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $13, direct labor $15, and variable overhead $4. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. Cost of goods sold under absorption costing is O $2200000 O $1600000. o $1650000. O $1500000. eTextbook and Media

Question
Bramble Corp. sells its product for $60 per unit. During 2019, it produced 60000 units and sold
50000 units (there was no beginning inventory). Costs per unit are: direct materials $13, direct
labor $15, and variable overhead $4. Fixed costs are: $720000 manufacturing overhead, and
$90000 selling and administrative expenses. Cost of goods sold under absorption costing is
O $2200000
O $1600000.
o $1650000.
O $1500000.
eTextbook and Media
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Bramble Corp. sells its product for $60 per unit. During 2019, it produced 60000 units and sold 50000 units (there was no beginning inventory). Costs per unit are: direct materials $13, direct labor $15, and variable overhead $4. Fixed costs are: $720000 manufacturing overhead, and $90000 selling and administrative expenses. Cost of goods sold under absorption costing is O $2200000 O $1600000. o $1650000. O $1500000. eTextbook and Media

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