a. 280,000 b.126,000 c.117,000 d.406,000 Ivanhoe Company sells its product for $25 per unit....
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Accounting
a. 280,000
b.126,000
c.117,000
d.406,000
Ivanhoe Company sells its product for $25 per unit. During 2022, it produced 29000 units a sold 20000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $406000 manufacturing overhe and $101500 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period
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