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n 2015, the Jetson Company reported net operating income of $160,000 using absorption costing and $146,000 using variable costing. With this information only it is
n 2015, the Jetson Company reported net operating income of $160,000 using absorption costing and $146,000 using variable costing. With this information only it is known that: Units sold exceeded units produced. Units produced and sold were equal. There was no beginning inventory. Units produced exceeded units sold.
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