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Lewes Company produced 8,700 units of inventory and sold 6,700. The company incurred the following production costs Variable manufacturing cost: $12.00 per unit Fixed manufacturing
Lewes Company produced 8,700 units of inventory and sold 6,700. The company incurred the following production costs Variable manufacturing cost: $12.00 per unit Fixed manufacturing overhead cost: $95,000 Assuming the company sells its product at a price of $32 per unit, and incurred $24,000 in selling anoistrative cost, what is the amount of net income under variable costing
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