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    Financial and Managerial Accounting Study Set 1
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    Exam 19: Variable Costing and Analysis
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    Given Advanced Company's Data,and the Knowledge That the Product Is
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Given Advanced Company's Data,and the Knowledge That the Product Is

Question 119

Question 119

Multiple Choice

Given Advanced Company's data,and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000,compute the net income under absorption costing.


A) $55,000
B) $67,500
C) $80,500
D) $122,500
E) $205,000

Correct Answer:

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