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Exercise 6-22A (Algo) Converting variable costing income to absorption costing income LO A2 A manufacturer reports the following information for the past three years. Compute
Exercise 6-22A (Algo) Converting variable costing income to absorption costing income LO A2 A manufacturer reports the following information for the past three years. Compute income for each of the three years using absorption costing. Hint: Fixed overhead in inventory equals the FOH per unit x Units in inventory. (Amounts to be deducted should be indicated with a minus sign.)
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