Sprinkle Co. sells its product for $60 per unit. During 2016, it produced 60,000 units and sold 50,000 units (there was no beginning inventory). Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $720,000 manufacturing overhead, and $90,000 selling and administrative expenses.

103. The per unit manufacturing cost under absorption costing is

C) $39104. The per unit manufacturing cost under variable costing is
b. $27.
105. Cost of goods sold under absorption costing is
c. $1,950,000.
106. Ending inventory under variable costing is
a. $270,000.
107. Under absorption costing, what amount of fixed overhead is deferred to a future period?
b. $120,000