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Consider the following information: Net operating income under variable costing$50,000Decrease in inventory during the period5,000 unitsFixed manufacturing overhead$100,000Number of units produced during the period25,000 units
Consider the following information:
Net operating income under variable costing$50,000Decrease in inventory during the period5,000 unitsFixed manufacturing overhead$100,000Number of units produced during the period25,000 units
Based on the above information, the net income under absorption costing is:
Group of answer choices
$70,000
$50,000
$150,000
$30,000
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