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Business, 04.04.2020 02:28 AgentPangolin

The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 7,200 Units sold 5,200 Sales $ 1,040,000 Materials cost $ 144,000 Variable conversion cost used $ 72,000 Fixed manufacturing cost $ 540,000 Indirect operating costs (fixed) $ 104,000 The absorption costing operating income is:

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