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Brush Industries reports the following information for May: Sales $ 905,000 Fixed cost of goods sold 101,000 Variable cost of goods sold 251,000 Fixed selling
Brush Industries reports the following information for May:
| Sales | $ | 905,000 | |
| Fixed cost of goods sold | 101,000 | ||
| Variable cost of goods sold | 251,000 | ||
| Fixed selling and administrative costs | 101,000 | ||
| Variable selling and administrative costs | 126,000 | ||
Calculate the operating income for May under absorption costing.
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