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Croft Corporation produces a single product. Last year, the company had a net operating income of $100,000 using absorption costing and $84,000 using variable costing.

Croft Corporation produces a single product. Last year, the company had a net operating income of $100,000 using absorption costing and $84,000 using variable costing. The fixed manufacturing overhead cost was $10 per unit. There were no beginning inventories. If 24,800 units were produced last year, then sales last year were

40,800

8,800

26,400

23,200

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