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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $112 Units in
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $112 Units in beginning inventory Units produced Units sold Units in ending inventory 0 5,500 5,300 200 Variable costs per unit: Direct materials $33 Direct labor $37 Variable manufacturing overhead $5 Variable selling and administrative $6 Fixed costs: Fixed manufacturing overhead $71.500 Fixed selling and administrative $79.500 What is the net operating income for the month under absorption costing? O A $2,600 O B. $15.900 O c. $(1,700) O D. $13,300 A Moving to another question will save this response
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