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A manufacturer has 100 units in finished goods inventory at the end of the year. Using the per unit information below, compute the cost of
A manufacturer has 100 units in finished goods inventory at the end of the year. Using the per unit information below, compute the cost of finished goods inventory reported on the balance sheet under (a) absorption costing and (b) variable costing. (Leave no cells blank - be certain to enter "O" wherever required.)
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