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Carpetyme manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decreased by 2,300 units. Fixed manufacturing overhead
Carpetyme manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decreased by 2,300 units. Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year? Multiple Choice $106,400 $117,900 $9,200 $115,600
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