Question

Clear Company reports the following information for its first year of operations:
Units produced this year 50,000 units
Units sold this year 49,000 units
Direct materials $7 per unit
Direct labor $3 per unit
Variable overhead $210,000 in total
Fixed overhead ? in total
If the company's cost per unit of finished goods using absorption costing is $19.30, what is total fixed overhead?
A. $350,000
B. $255,000
C. $150,000
D. $249,900
E. $147,000

Answer

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