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Required information The foilowing information applies to the questions displayed below] Jorgansen Uighting, Incorporated, manufactures heavy-dufy street lighting systems for municipalities. The compony uses variable
Required information "The foilowing information applies to the questions displayed below] Jorgansen Uighting, Incorporated, manufactures heavy-dufy street lighting systems for municipalities. The compony uses variable costing for internal manegement reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following dota: The company's fored manufocturing overhead per unit was constant at $60 for all three yeors. Required: 1. Calculate each year's absorption costing net operoting income. (Enter any losses or deductions as a negative value.)
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