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Timkon Manufacturing Has Provided the Following Operating Results for Its

Question 87
Multiple Choice

Timkon Manufacturing has provided the following operating results for its recent operations: img Net income under the absorption costing method is: A) $25,000 B) $76,500 C) $101,500 D) $126,500

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Q 88
Timkon Manufacturing has provided the following operating results for its recent operations: Using the direct method,cost of goods manufactured for the year is: A) $200,000 B) $230,000 C) $300,000 D) $330,000
Q 89
Timkon Manufacturing has provided the following operating results for its recent operations: Assuming beginning inventory cost per unit is not different than ending inventory cost,the value of the ending inventory under direct costing is: A) $40,000 B) $46,000 C) $60,000 D) $63,000
Q 90
Timkon Manufacturing has provided the following operating results for its recent operations: Net income under the direct (variable)costing method is: A) $25,000 B) $76,500 C) $101,500 D) $126,500
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