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Use the following information to answer the questions: @ m There were no beginning inventories. Required: A. Calculate the net income and cost of the

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Use the following information to answer the questions: @ m There were no beginning inventories. Required: A. Calculate the net income and cost of the ending inventory using the variable costing method. (5 points) B. Calculate the net income and cost of the ending inventory using the absorption costing method. (5 points)

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