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Columbia Corporation produces a single product. The company's variable costing income statement for November appears below $742,900 Columbia Corporation Income Statement For the Month ended
Columbia Corporation produces a single product. The company's variable costing income statement for November appears below $742,900 Columbia Corporation Income Statement For the Month ended November 38 Sales ($17 per unit) Variable expenses Variable cost of goods sold Variable selling expense Total variable expenses Contribution margin Fixed expenses: Manufacturing Selline and administrative Total fixed expenses Niet operatine Incone 393, 380 131, 10e 524,400 218,500 107,840 71,360 178,400 $ 40, 100 During November, 35,680 units were manufactured and 8,870 units were in beginning Inventory Variable production costs per unit total fixed manufacturing expenses and the number of units produced were the same in prior months Under absorption costing for November the company would report a to search 0 ENS 8:00 PM 7/4/2020 DI e Prtsen FE Home und PgUp PD $11 12 Under absorption costing, for November the company would report a: Multiple Choice 540100 profit $46040 loss $71360 pront S'6040 pont to search . ENG 8:00 PM 7/4/2020
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