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I need to find the net operating income under absorbtion costing. Please help, its much appreciated! Aaron Corporation, which has only one product, has provided
I need to find the net operating income under absorbtion costing.
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations. Selling price $ 90 Units in beginning inventory 0 Units produced 3,400 Units sold 3,000 Units in ending inventory 400 Variable costs per unit: Direct materials $ 21 Direct labor $ 38 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 4 Pixed costs: Tixed manufacturing overhead $54,400 Fixed selling and administrative expense $ 3,000 What is the net operating income for the month under absorption costing Please help, its much appreciated!
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