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View Policies Current Attempt in Progress Coronado Industries sells its product for $6000 per unit. Unit variable cost are: manufacturing, $3600, and selling and administrative,
View Policies Current Attempt in Progress Coronado Industries sells its product for $6000 per unit. Unit variable cost are: manufacturing, $3600, and selling and administrative, $125. Fixed costs are: $14000 manufacturing overhead and $28000 selling and administrative. There was no beginning inventory at 1/1/21. Production was 20 units per year in 2021-2023. Sales were 20 units in 2021, 16 units in 2022, and 24 units in 2023. Net income under absorption costing for 2023 is 0 $4200. O $9800. O $8000. O $12600
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