Business
Business, 06.05.2020 02:08, Carly9189

A manufacturer reports the following information below for its first three years in operation.

Year 1 Year 2 Year 3
Income under variable costing $ 76,000 $ 109,000 $ 115,000
Beginning inventory (units) 0 800 500
Ending inventory (units) 800 500 0
Fixed manufacturing overhead per unit $ 8.00 $ 8.00 $ 8.00
Income for year 3-year period using absorption costing is:

a.$305,000.
b.$280,000.
c.$300,000.
d. $310,000.
e. $308,000.

answer
Answers: 1

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A manufacturer reports the following information below for its first three years in operation.
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