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Jordan Manufacturing has the following cost information for year 20X9: Jordan Manufacturing has the following cost information for year 20X9: Jordan Manufacturing has the following
Jordan Manufacturing has the following cost information for year 20X9: Jordan Manufacturing has the following cost information for year 20X9:
Jordan Manufacturing has the following cost information for year 20X9: Direct materials Direct labor Variable manufacturing overhead per unit Fixed manufacturing overhead Variable selling and administrative cost per unit Fixed selling and administrative cost per unit $ 6.00 per unit $ 4.00 per unit $ 2.00 per unit $80,000 $ 1.00 per unit $ 25,000 During 20X9, Jordan produced 12,500 units, out of which 11,000 were sold for $60 each. What is Jordan's net income assuming the company uses variable costing: Multiple Choice None of the answers is correct. $513,000. $412,000. $421,600. $425,000Step by Step Solution
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