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A company had opening inventory of 12,125 units and closing inventory of 11,375 units. Profits based on marginal costing were $78,812 and on absorption costing
A company had opening inventory of 12,125 units and closing inventory of 11,375 units. Profits based on marginal costing were $78,812 and on absorption costing were $72,062. What is the fixed overhead absorption rate per unit? O a. $6.34 O b. $5.94 O c. $9.00 O d. $6.50
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