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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: $ 120 0 9,050 8,650 400 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the net operating income for the month under absorption costing? $ 20 $ 62 $ 8 $ 12 $ 135,750 $ 9,000
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