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in june, the company produced 30,000 units and sold 33,000 units, under absorption costing, how much is the company's net operating income in the month
in june, the company produced 30,000 units and sold 33,000 units, under absorption costing, how much is the company's net operating income in the month of june?
The next two questions are based on the following: Daniel Corporation produces a single product. The company's variable costing income statement for the month of May appears below: The company produced 30.000 units in May and the beginning inventory consisted of 2,000 units. Sales price and the company's cost structure are stable for every month throughout the entire year. The value of the company's inventory on May 31 under absorption costing would be: A $ 137, 600 B $ 117, 867 C. $ 126, 286 D. $ 124,000 E $ 62,000 In June, the company produced 30,000 units. Under absorption costing, how much is the company's net operating income in the month of June? A. $ 123, 800 B. $ 116, 800 C. $ 71, 800 D. $ 98, 086 E. $ 99, 800Step by Step Solution
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