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During its first year of operations, the McCormick Company incurr the following manufacturing costs: The company produced 32,000 units, and sold 26,500 units, leaving 5,500

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During its first year of operations, the McCormick Company incurr the following manufacturing costs: The company produced 32,000 units, and sold 26,500 units, leaving 5,500 units in inventory at year-end. What is the value of ending inventory under absorption costing? Multiple Choice $305,500 $256,000 $49.500

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