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18.A manufacturer reports the following information below for its first three years in operation. Income for the 3-year period using absorption costing is: a) $318,050.

image text in transcribed 18.A manufacturer reports the following information below for its first three years in operation. Income for the 3-year period using absorption costing is: a) $318,050. b) $358,475. c) $345,000. d) $360,275. e) $359,950

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