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During its first year of operations, the McCormick Company incurred the following manufacturing costs: 7,000 units in inventory at yea units, and sold 28,000 units,

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During its first year of operations, the McCormick Company incurred the following manufacturing costs: 7,000 units in inventory at yea units, and sold 28,000 units, leaving costing is determined to be $305000. Income calculated under variable under absorption costing

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