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A manufacturer reports the following information below for its first three years in operation Year 1 Year 2 Income under variable costing Beginning inventory (units)
A manufacturer reports the following information below for its first three years in operation Year 1 Year 2 Income under variable costing Beginning inventory (units) Ending inventory (units) Fixed manufacturing overhead per unit Year 3 $84,000 $117,000 $123, 000 540 0 $ 10.00 S 10.00 S 10.00 880 540 880 Income for the 3-year period using absorption costing is Multiple Choice $301,200 $335,400. $324,000 $333,120. $334,800
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