Croft Corporation produces a single product. Last year, the company had a net operating income of $90,550 using absorption costing and $75,400 using variable costing.
Croft Corporation produces a single product. Last year, the company had a net operating income of $90,550 using absorption costing and $75,400 using variable costing. The fixed manufacturing overhead cost was $15 per unit. There were no beginning inventories. If 23,900 units were produced last year, then sales last year were:
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Authors: David Alexander
2nd Edition
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