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Ming Company had net income of $763,200 based on variable costing Beginning and ending inventories were 6.900 units and 4,300 units, respectively. Assume the fixed

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Ming Company had net income of $763,200 based on variable costing Beginning and ending inventories were 6.900 units and 4,300 units, respectively. Assume the fixed overhead per unit was $2.10 for both the beginning and ending inventory What is net income under absorption costing When the number of units sold exceeds the number of units produced, net income under absorption costing will be 255 The difference in income is equal to Not income under variable costing Net income undet absorption costing no

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