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Practice Question 26-1 Assume absorption costing net income is $100,000, ending inventory consists of 500 units, the variable overhead rate is $20 per unit, and

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Practice Question 26-1 Assume absorption costing net income is $100,000, ending inventory consists of 500 units, the variable overhead rate is $20 per unit, and the fixed overhead rate is $30 per unit. Determine the net income under variable costing. O $85,000 $125,000 $115,000 $25,000

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