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Joe's Tires, Inc. reports the following information for the year ended December 31: The operating income calculated using variable costing and absorption costing amounted to
Joe's Tires, Inc. reports the following information for the year ended December 31: The operating income calculated using variable costing and absorption costing amounted to $9,200 and $11,900, respectively. There were no beginning inventories. Determine the total fixed manufacturing overhead that will be expensed under absorption costing for the year. Supporting Materials $20,400 $17.700 933.630 $30,680
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