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Use the following data to answer the question 2012 2013 2014 Unit Data Beginning Inventory 0 ? ? Production 1000 800 1250 Sales 700 800
Use the following data to answer the question
| 2012 | 2013 | 2014 | |
| Unit Data | |||
| Beginning Inventory | 0 | ? | ? |
| Production | 1000 | 800 | 1250 |
| Sales | 700 | 800 | 1500 |
| variable costs | |||
| manufacturing cost per unit produced | $900 | $900 | $900 |
| marketing cost per unit sold produced | $600 | $600 | $600 |
| Fixed costs | |||
| Manufacturing costs | $450,000 | $450,000 | $450,000 |
| Marketing costs | $140,000 | $140,000 | $140,000 |
Using absorption costing, what is the operating income in 2012 is the selling price is $3000?
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Financial Accounting Tools For Business Decision Making
Authors: J.K.
1st Edition
B00DU84AZU
