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Business, 06.08.2019 20:30 kitttimothy55

Swifton corporation produces a single product. last year, the company had net operating income of $40,000 using variable costing. beginning and ending inventories were 22,000 and 27,000 units, respectively. if the fixed manufacturing overhead cost was $3 per unit both last year and this year, what was the income using absorption costing? $15,000 $25,000 $40,000 $55,000

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