Kellems corporation manufactures one product. it does not maintain any beginning or ending work in process inventories. the company uses a standard cost system in which inventories are recorded at their standard costs and any variances are closed directly to cost of goods sold. the company has provided the following information: actual sales actual selling price standard cost actual selling and administrative expenses 17,100 units $ 26.60 per unit s 21.20 per unit $60,000 print the company does not have any variable manufacturing overhead costs and it recorded the following variances during the year materials price variance materials quantity variance labor rate variance labor efficiency variance fixed manufacturing overhead budget variance fixed manufacturing overhead volume variance $ 2,340 f $ 500 u $ 942 f 6,300 f $16,600 f $ 7,980 u the adjusted cost of goods sold after closing all of the variances to cost of goods sold will be closest to