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Powell Company had income of $1158.300 under variable costing. Beginning and ending finished goods inventories were 7,800 units and zero units. respectively. Fixed overhead cost

image text in transcribed Powell Company had income of $1158.300 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 $1158,300. $1165,900 $1,150,700 $1127100 $1188.700

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