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Assume the following: Sales $ 240,000 Overapplied overhead $ 9,000 Cost of goods manufactured $ 180,000 Beginning finished goods inventory $ 10,000 Ending finished goods
Assume the following:
| Sales | $ 240,000 |
|---|---|
| Overapplied overhead | $ 9,000 |
| Cost of goods manufactured | $ 180,000 |
| Beginning finished goods inventory | $ 10,000 |
| Ending finished goods inventory | $ 14,000 |
| Selling and administrative expenses | $ 36,000 |
What is the net operating income?
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Sound Investing, Chapter 17 - Off-Balance-Sheet Shams
Authors: Kate Mooney
1st Edition
0071719393, 9780071719391
