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Springer Began Business at the Start of the Current Year

Question 39

Multiple Choice

Springer began business at the start of the current year.The company planned to produce 40,000 units,and actual production conformed to expectations.Sales totaled 37,000 units at $42 each.Costs incurred were: Springer began business at the start of the current year.The company planned to produce 40,000 units,and actual production conformed to expectations.Sales totaled 37,000 units at $42 each.Costs incurred were: If there were no variances,the company's absorption-costing income would be: A) $155,000. B) $230,000. C) $240,500. D) $592,000. E) some other amount.
If there were no variances,the company's absorption-costing income would be:


A) $155,000.
B) $230,000.
C) $240,500.
D) $592,000.
E) some other amount.

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