Question
Craft Corporation produces a single product. Last year, the company had a net operating income of $91,000 using absorption costing and $75,400 using variable costing.
Craft Corporation produces a single product. Last year, the company had a net operating income of $91,000 using absorption costing and $75,400 using variable costing. The fixed manufacturing overhead cost was $15 per unit. There were no beginning inventories. If 28,900 units were produced last year, then sales last year were:
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Essential Strategies For Financial Services Compliance
Authors: Annie Mills, Peter Haines
2nd Edition
1118906136, 978-1118906132
