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The Southern Corporation manufactures a single product and has the following cost structure: Last year, 6,300 units were produced and 6,200 units were sold. There
The Southern Corporation manufactures a single product and has the following cost structure: Last year, 6,300 units were produced and 6,200 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be: Multiple Choice the same as absorption costing. $6,200 greater than under absorption costing. $6,200 less than under absorption costing. $2,700 less than under absorption costing
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