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Business, 22.04.2020 02:33 destinyhope4776

A company had net income of $50,000 under variable costing. Beginning and ending inventories were 400 units and 500 units, respectively. Fixed overhead per unit was $10 for beginning inventory and $12 for ending inventory. Convert net income under variable costing to net income under absorption costing. What is net income under absorption costing?

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A company had net income of $50,000 under variable costing. Beginning and ending inventories were 40...
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