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17 Siver Cocporation produces a single product. Last year, the cempanys variable production costs totaled 37,500 and its fued manutacturing overhead costs totaled 54,500 .
17
Siver Cocporation produces a single product. Last year, the cempanys variable production costs totaled 37,500 and its fued manutacturing overhead costs totaled 54,500 . The company produced 3,000 units during the year and sold 2400 units. There were no units in the beginning inventory. Which of the foilowing statements is true? The net operating income under absorption costing for the year will be \\( \\$ 900 \\) lower than the net operasing incorno under variabie costing The ending imventory under variable costing will be \\( \\$ 900 \\) lowee than the ending inventory under absorption cosing Under variable costing, the units in the ending inventory will be cosled at \\( \\$ 4.00 \\) nach. Under absamtion cossing. the units in ending inventory wil be costed at \\( \\$ 2.50 \\) each Step by Step Solution
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