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Concept Corp manufactures and sells unique art photographs. Concept sells each photograph for $75. The normal level of production is 2,000 units. Actual information for
Concept Corp manufactures and sells unique art photographs. Concept sells each photograph for $75. The normal level of production is 2,000 units. Actual information for January is given below: January Units Beginning Inventory 0 Production 2,000 Sales 1,200 Variable Costs Manufacturing VC/unit $35 Fixed Costs Fixed Manufacturing Overhead Total $5,000 How much fixed manufacturing overhead will appear on the income statement for January under the absorption costing method? Concept Corp manufactures and sells unique art photographs. Concept sells each photograph for $75. The normal level of production is 2,000 units. Actual information for January is given below: January Units Beginning Inventory 0 Production 2,000 Sales 1,200 Variable Costs Manufacturing VC/unit $35 Fixed Costs Fixed Manufacturing Overhead Total $5,000 How much fixed manufacturing overhead will appear on the income statement for January under the absorption costing method
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