Question: Question Help Mackenzie, Inc. has collected the following data. (There are no beginning inventories.) Units produced 700 units Sales price $120 per unit Direct materials

Question Help Mackenzie, Inc. has collected the following data. (There are no beginning inventories.) Units produced 700 units Sales price $120 per unit Direct materials $50 per unit Direct labor $15 per unit Variable manufacturing overhead $6 per unit Fixed manufacturing overhead $19,800 per year Variable selling and administrative costs $5 per unit Fixed selling and administrative costs $18,400 per year What is the ending balance in Finished Goods Inventory using absorption costing if 500 units are sold? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) O A. $19,858 O B. $26,115 O C. $5,657 OD. $14,200
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