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Ming Company had income of $ 7 7 2 , 2 0 0 based on variable costing. Beginning and ending finished goods inventories were 7
Ming Company had income of $ based on variable costing. Beginning and ending finished goods inventories were units and units, respectively. Assume the fixed overhead per unit was $ for both the beginning and ending finished goods inventory. What is income under absorption costing? Amounts to be deducted should be indicated with a minus sign.
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