A company has the following information from its first month of operations :
Sales (1200 units) : $198,000
Direct Materials Used: $ 70,200
Direct Labor: $81,600
Variable Factory Overhead: $26,400
Fixed Factory Overhead:?
Variable Selling and Administrative: $6,000
Fixed Selling and Administrative: $8,000
Gross Margin: $57,600
Contribution Margin: ?
Ending Inventories:
Raw Materials: $10,500
Work In Process: None
Finished Goods (units) : 800
The company started the period with zero finished goods inventory.
QUESTION : If the company produces 400 units and sells 1,200 units next year, what would be its cost of goods sold under absorption costing?