A company reports the following information for its first year of operations:Units produced this year ?unitsUnits sold this year 1,500unitsDirect materials$9per unitDirect labor$5per unitVariable overhead$7per unitFixed overhead$24,000in totalIf the company's cost per unit of finished goods using absorption costing is $27, how many units were produced?
A. 2,000 units.
B. 2,667 units.
C. 4,000 units.
D. 3,600 units.
E. 1,846 units.
Answer: C
Business
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