Eve Matthew Corporation produces a single product. Last year, the company had a net operating income of $300,000 using absorption costing and $250,000 using variable costing. The xed manufacturing overhead cost was $10 per unit. There were no beginning inventories. If 25,000 units were produced last year, then sales last year were: (Hint: Production 22* Sales = Less Cost of Goods, = Higher Net Income under Absorption)

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