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x You received no credit for this question in the previous attempt. Assume that a company maintains no beginning or ending inventories and produces and
x You received no credit for this question in the previous attempt. Assume that a company maintains no beginning or ending inventories and produces and sells 4,000 units of only one product for a price of $130 per unit. The company's variable manufacturing costs per unit are $80 and its fixed manufacturing overhead per unit is $24. Its variable selling and administrative expense is $12 per unit and its fixed selling and administrative expense is $45,700. What is the company's net operating income under absorption costing? Multiple Choice $6,300 $10,300 $14,300 $8,300
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