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Morwenna, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs
Morwenna, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs $900,000 140,000 25,000 140,000 55,000 Calculate the operating income for August using absorption costing O A. $1,095,000 O B. $360,000 O C. $280,000 O D. $540,000
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