James Engine Co. manufactures parts for small motors. The income using direct costing was $50,000 for a

Question:

James Engine Co. manufactures parts for small motors. The income using direct costing was

$50,000 for a given period. Beginning and ending inventories for that period were 13,000 and 18,000 units, respectively. Ignore income taxes. The fixed factory overhead application rate was

$2 per unit. nju5 Required:

What was the income using absorption costing?

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