Adelphi Company provides the following information for their first year of operations in 2018: ...
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Accounting
Adelphi Company provides the following information for their first year of operations in 2018:
Sales, 9,000 units @ $17 each
Total production, 13,000 units
Production costs per unit:
Direct materials $2.00
Direct labor $4.00
Variable overhead $1.00
Fixed manufacturing overhead $9,000
Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest whole dollar)
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