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v Neon Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Selling price per unit $
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Neon Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Selling price per unit $ 130.00 Variable manufacturing costs per unit $ 62.00 Variable selling and administrative expenses per unit $ 5.00 Fixed manufacturing overhead (in total) $ 30,000 Fixed selling and administrative expenses (in total) $ 8,000 Units produced during the year 1,500 Units sold during year 1,100 Using absorption costing, what is operating income for last year? O A. $219,700 B. $ 66,300 C. $ 39,300 D. $143,000 Step by Step Solution
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