Assume the following information for a company that produced 10,000 units and sold 8,000 units during...

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Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Per Unit Per Year Selling price $ 200 Direct materials Direct labor Sales commission $ 75 $ 50 Variable manufacturing overhead $ 10 $ 8 Fixed manufacturing overhead $ 300,000 Using absorption costing, what is the cost of goods sold for the second year of operations? Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Per Unit Per Year Selling price $ 200 Direct materials Direct labor Sales commission $ 75 $ 50 Variable manufacturing overhead $ 10 $ 8 Fixed manufacturing overhead $ 300,000 Using absorption costing, what is the cost of goods sold for the second year of operations?

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