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canvas.harvard.edu Quiz: Midterm Exam A manufacturing company that produces a single product has provided the fo concerning its most recent month of operations: Selling price
canvas.harvard.edu Quiz: Midterm Exam A manufacturing company that produces a single product has provided the fo concerning its most recent month of operations: Selling price $ 130 Units in beginning inventory O Units produced 2,100 Units sold 1,900 Units in ending inventory 200 Variable costs per unit: Direct materials $ 41 Direct labor $ 39 Variable manufacturing overhead $4 Variable selling and administrative expense $ 11 Fixed costs: Fixed manufacturing overhead $ 52,500 Fixed selling and administrative expense $ 3,800 What is the net operating income for the month under variable costing? $5,000 $(6,600) O $15,200 $10,200 65,151 OCT 3 2
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