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A manufacturer reports the following information below for its first three years in operation. Year 1 Year 2 Year 3 Income under variable costing $
A manufacturer reports the following information below for its first three years in operation.
| Year 1 | Year 2 | Year 3 | ||||||
| Income under variable costing | $ | 83,000 | 116,000 | 122,000 | ||||
| Beginning inventory (units) | 0 | 870 | 535 | |||||
| Ending inventory (units) | 870 | 535 | 0 | |||||
| Fixed manufacturing overhead per unit | $ | 9.00 | $ | 9.00 | $ | 9.00 | ||
Income for year 3 using absorption costing
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How To Secure And Audit Oracle 10g And 11g
Authors: Ron Ben-Natan, Brian E. White, Paul R. Garvey
1st Edition
1420084127, 978-1420084122
