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Powell Company had income of $1,158,300 under variable costing. Beginning and ending finished goods inventories were 7,800 units and zero units, respectively. Fixed overhead cost
Powell Company had income of $1,158,300 under variable costing. Beginning and ending finished goods inventories were 7,800 units and zero units, respectively. Fixed overhead cost was $4 per unit for the beginning finished goods inventory. Income under absorption costing is: Multiple Choice $1,127,100. O $1,165,900. $1,150,700. $1,188,700 D
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