Business, 29.07.2020 17:01, juliannabartra

Landow Company uses variable costing for internal purposes and wants to restate income to that of absorption costing for external reporting purposes. Landow's income under variable costing is $630,000. Fixed production cost in ending inventory is $120,000 and $85,000 in beginning inventory. What is Landow's income under absorption costing?

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Landow Company uses variable costing for internal purposes and wants to restate income to that of ab...