Multiple Choice
Use the information below to answer the following question(s) .Urban Body Products Ltd.manufactures body wash liquid soap.The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. 
There were no beginning or ending inventories of materials or work-in-process.
-What would Urban Body Products Ltd.operating income (loss) be for January and February, respectively, using the absorption costing approach?
A) $103,800
B) $144,800
C) $50,500
D) $102,500
E) $(11,000)
Correct Answer:
Verified
Correct Answer:
Verified
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