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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:

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$70,000

$50,000

$150,000

$30,000

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