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Help me check please! Ming Company had income of $776,200 based on variable costing. Beginning and ending finished goods inventories were 8,200 units and 5,600
Help me check please!
Ming Company had income of $776,200 based on variable costing. Beginning and ending finished goods inventories were 8,200 units and 5,600 units, respectively. Assume the fixed overhead per unit was $3.40 for both the beginning and ending finished goods Inventory. What is income under absorption costing? (Amounts to be deducted should be indicated with a minus sign.) Vanable costing income Absorption costing income Step by Step Solution
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