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Assume absorption costing net income is $108000, beginning inventory is 0 units and ending inventory consists of 540 units, the variable overhead rate is $20
Assume absorption costing net income is $108000, beginning inventory is 0 units and ending inventory consists of 540 units, the variable overhead rate is $20 per unit, and the fixed overhead rate is $30 per unit. Determine the net income under variable costing. $124200$135000$91800$27000 Step by Step Solution
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Surviving An IRS Tax Audit
Authors: Frederick W. Daily
3rd Edition
1413318649, 978-1413318647
