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Chino Began Business at the Start of the Current Year

Question 30

Multiple Choice

Chino began business at the start of the current year.The company planned to produce 25,000 units,and actual production conformed to expectations.Sales totaled 22,000 units at $30 each.Costs incurred were: Chino began business at the start of the current year.The company planned to produce 25,000 units,and actual production conformed to expectations.Sales totaled 22,000 units at $30 each.Costs incurred were: If there were no variances,the company's absorption-costing income would be: A) $190,000. B) $202,000. C) $208,000. D) $220,000. E) some other amount.
If there were no variances,the company's absorption-costing income would be:


A) $190,000.
B) $202,000.
C) $208,000.
D) $220,000.
E) some other amount.

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