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The following information pertains to Year 2 of ABC Inc's operations: In addition, you are given the following information: - Actual and budgeted fixed manufacturing
The following information pertains to Year 2 of ABC Inc's operations: In addition, you are given the following information: - Actual and budgeted fixed manufacturing costs were both $200,000. - Fixed Selling and Administrative costs amounted to $60,000. - ABC produced 100,000 units and sold 80,000 units during Year 2. - There were no beginning inventories. Based on the information provided, ABC 's Year 2 variable costing income from operations was: Select one: a. $380,000. b. $480,000 c. $420,000
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