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Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: During November, 35,200 units were manufactured and 8,750 units
Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: During November, 35,200 units were manufactured and 8,750 units were in beginining inventory. Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months: The value of the company's inventory on November 30 under absorption costing would be
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