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    Managerial Accounting Study Set 23
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    Exam 6: Variable Costing and Segment Reporting: Tools for Management
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    Last Year, Rasband Corporation's Variable Costing Net Operating Income Was
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Last Year, Rasband Corporation's Variable Costing Net Operating Income Was

Question 345

Question 345

Essay

Last year, Rasband Corporation's variable costing net operating income was $57,000. The fixed manufacturing overhead costs deferred in inventory under absorption costing amounted to $30,000.Required:Determine the absorption costing net operating income last year.

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