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Use this information for Timmer Corporation to answer the question that follow. Timmer Corporation just started business in January. There were no beginning inventories. During
Use this information for Timmer Corporation to answer the question that follow. Timmer Corporation just started business in January. There were no beginning inventories. During the year it manufactured 11,200 units of product and sold 9.000 units. The selling price of each unit was $30. Variable manufacturing costs were $6 per unit, and variable satiling and administrative costs were $2 per unit. Fixed manufacturing costs were 522,400 and fixed selling and administrative costs were $8,300 What would Timmer's net income be for the year using absorption conting? Os 5171,300 Ob. 319.000 De 1.000 Od 7.0
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