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In its most recently completed period, a company that produces a single product camed operating income of $475,000 under variable contine and operating income of

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In its most recently completed period, a company that produces a single product camed operating income of $475,000 under variable contine and operating income of $505.000 under absorption costing. Total fixed manufacturing overhead was $48.000 for the period and 8.00 uelis were produced during the period. This was the first year of operations for the company. Between the beginning and end of the year the inventory level at this company O decreased by 5,000 units Increased by 5.000 units O decreased by 30.000 units O increased by 30,000 units O None of the above

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