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A company had income of $50,000 using variable costing for a given period. Beginning and ending inventories for that period were 65,000 units and 71,000
A company had income of $50,000 using variable costing for a given period. Beginning and ending inventories for that period were 65,000 units and 71,000 units, respectively. If the fixed overhead application rate were $6.00 per unit, what would operating income have been using full costing?
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