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Question 13 2 pts Nielson Corp. sells its product for $6,600 per unit. Variable costs per unit are: manufacturing, $3,600, and selling and administrative, $75.
Question 13 2 pts Nielson Corp. sells its product for $6,600 per unit. Variable costs per unit are: manufacturing, $3,600, and selling and administrative, $75. Fixed costs are: $18,000 manufacturing overhead, and $24,000 selling and administrative. There was no beginning inventory at 1/1/15. Production was 20 units per year in 2015-2017. Sales were 20 units in 2015, 16 units in 2016, and 24 units in 2017. For the three years 2015-2017, absorption costing income may be greater than, equal to, or less than variable costing income, depending on the situation. variable costing income exceeds absorption costing income by $8,000. absorption costing income exceeds variable costing income by $8,000. absorption costing income equals variable costing income
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