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FourSquare Mfg Manufactures Tables and Chairs, Which Are Sold in Sets

Question 41

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FourSquare Mfg manufactures tables and chairs, which are sold in sets of 4 chairs to a table to businesses, schools, and public facilities. They reported the following financial information for last year:
FourSquare Mfg manufactures tables and chairs, which are sold in sets of 4 chairs to a table to businesses, schools, and public facilities. They reported the following financial information for last year: What would Operating Income be under variable costing if there were no table and chair sets in beginning inventory? (Round per-unit costs to the nearest cent.) What would Operating Income be under variable costing if there were no table and chair sets in beginning inventory? (Round per-unit costs to the nearest cent.)

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Variable Income =
Absorption Income - (d...

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