GingerHouse sells its product for $81 per unit. During 2025,…
GingerHouse sells its product for $81 per unit. During 2025, it produced 121400 units and sold 106400 units. Costs per unit are: direct materials $26, direct labor $10, variable overhead $5, and variable operating expenses $3. Fixed costs are $971200 manufacturing overhead, and $76000 operating expenses. Assuming no variances were reported, no beginning inventory exists, and the company uses absorption costing, what will be reported as cost of goods sold?
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