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Miami, Inc. planned and actually manufactured 240,000 units of its single product in 2020 , its first year of operabion. Vaviable masutacturing cost was $19
Miami, Inc. planned and actually manufactured 240,000 units of its single product in 2020 , its first year of operabion. Vaviable masutacturing cost was $19 per unt produced Vanabe Miami sold 110,000 units of product at $42 per und Read the requirements Requirement 1. Miamis 2020 operating income using atssorption costing is (a) $3380,000, (b) $120,000, (c) $510,000, (d) $770,000, or (e) none of these. Show sipposing cabalifoom 1. Miami's 2020 operating income using absorption costing is (a) $380,000, (b) $120,000, (c) $510,000, (d) $770,000, or (e) none of these. Show supporting calculations 2. Miami's 2020 operating income using variable costing is (a) $600,000, (b) $380,000, (c) $120,000, (d) $510,000, or (e) none of these. Show supporting calculations
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