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A company uses absorption costing. In the financial period that has just ended, opening inventory was $ 7 6 , 0 0 0 and closing
A company uses absorption costing. In the financial period that has just ended, opening inventory was $ and closing inventory was $ The reported profit for the year was $If the company had used marginal costing, opening inventory would have been $ and closing inventory would have been $RequiredWhat would have been the profit for the year if marginal costing had been used?
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