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A company that produces a single product had a net operating income of $ 7 5 , 0 0 0 using variable costing and a
A company that produces a single product had a net operating income of $
using variable costing and a net operating income of $ using absorption costing. Total fixed
manufacturing overhead was $ and production was units both this year and last year.
Last year was the first year of operations. Between the beginning and the end of the year, the
inventory level:
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