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Assume absorption costing net income is $42000, beginning inventory consists of 0 units and ending inventory consists of 840 units, the variable overhead rate is

image text in transcribed Assume absorption costing net income is $42000, beginning inventory consists of 0 units and ending inventory consists of 840 units, the variable overhead rate is $10 per unit, and the fixed overhead rate is $15 per unit. Determine the net income under variable costing. $63000$54600$29400$21000

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