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For the current year, Nichols Inc., had sales of 75,000 units and production of 100,000 units. Other information for the year included: Required: a. Compute

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For the current year, Nichols Inc., had sales of 75,000 units and production of 100,000 units. Other information for the year included: Required: a. Compute the ending finished goods inventory under both absorption and variable costing. b. Compute the cost of goods sold under both absorption and variable costing

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