The following information applies to Hawks Corporation: Beginning Inventory 0 Units Ending Inventory 4,000 units...
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Accounting
The following information applies to Hawks Corporation: Beginning Inventory 0 Units Ending Inventory 4,000 units Units produced 40,000 units Direct labor per unit $22 Direct materials per unit $15 Variable manufacturing overhead per unit $5 Fixed manufacturing overhead per unit $12 Variable operating expenses per unit $10 Fixed operating expenses $80,000 Using absorption costing, what will Hawks record as total cost of goods sold, assuming variances were reported? $1,944,000$1,872,000$1,512,000$2,916,000
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