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Yankee Corporation Manufactures a Single Product

Question 121

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Yankee Corporation manufactures a single product.The company has the following cost structure: Yankee Corporation manufactures a single product.The company has the following cost structure: Last year,4,000 units were produced and 3,500 units were sold.There were no beginning inventories. Under absorption costing,the cost of goods sold for the year would be: A) $28,000 B) $24,500 C) $17,500 D) $14,000 Last year,4,000 units were produced and 3,500 units were sold.There were no beginning inventories. Under absorption costing,the cost of goods sold for the year would be:


A) $28,000
B) $24,500
C) $17,500
D) $14,000

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