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Milton Company reports the following information for the current year: Units produced this year 45,000...

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Accounting

Milton Company reports the following information for the current year: Units produced this year 45,000 units Units sold this year 53,000 units Direct materials $ 5 per unit Direct labor $ 2 per unit Variable overhead $ 6 per unit Fixed overhead ? in totalIf the company's cost per unit of finished goods using absorption costing is $18, what is total fixed overhead?

$225,000

$720,000

$315,000

$270,000

$180,000

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