Question
Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costing and $74,600 using variable costing.
Croft Corporation produces a single product. Last year, the company had a net operating income of $89,000 using absorption costing and $74,600 using variable costing. The fixed manufacturing overhead cost was $12 per unit. There were no beginning inventories. If 22,400 units were produced last year, then How much sales boost up last year?
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