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A company has collected the following information: Units produced 1.000 Units .sold 900 @ $40 DM, DL, VOH $5.00 per unit Fixed Overhead $15,000 Variable

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A company has collected the following information: Units produced 1.000 Units .sold 900 @ $40 DM, DL, VOH $5.00 per unit Fixed Overhead $15,000 Variable Selling 8:. _ $1.00 per unit Admin Fixed Selling $12,000 The company had no beginning inventory. Answer the following questions in the space below. Show your work to receive credit for your answers. (Note: you DO NOT need to prepare entire income statements for variable and absorption costing. Just answer the questions!) 1. Using variable costing, compute the following: A. Total unit product cost B. Total variable cost C. Total xed cost D. Net operating income (loss) 2. Using absorption costing, compute the following: A. Total unit product cost 8. Cost of Goods Sold C. Net operating income (loss) 3. Compute the difference in NOI in variable costing and absorption costing. Then explain the reason for the difference in net operating income including a calculation of the cause of the difference

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