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Last Year,Denogean Corporation's Variable Costing Net Operating Income Was $64,200

Question 276

Essay

Last year,Denogean Corporation's variable costing net operating income was $64,200 and ending inventory increased by 1,900 units.Fixed manufacturing overhead cost per unit was $4 in both beginning and ending inventory.
Required:
Determine the absorption costing net operating income for last year.Show your work!

Correct Answer:

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Manufacturing overhead deferred in (rele...

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