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Question 28 2.5 points Save Answer Silver Corporation produces a single product. Last year, the company's variable production costs totaled $7,500 and its fixed manufacturing
Question 28 2.5 points Save Answer Silver Corporation produces a single product. Last year, the company's variable production costs totaled $7,500 and its fixed manufacturing overhead costs totaled $4,500. The company produced 3,000 units during the year and sold 2,400 units. There were no units in the beginning inventory. Which of the following statements is true? O Under absorption costing, the units in ending inventory will be costed at $2.50 each. O The net operating income under absorption costing for the year will be $900 lower than the net operating income under variable costing. O Under variable costing, the units in the ending inventory will be costed at $4.00 each O The ending inventory under variable costing will be $900 lower than the ending inventory under absorption costing
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