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1] Jeter Corporation had net income of $214,000 based on variable costing. Beginning and ending inventories were 6,200 units and 10,400 units, respectively. Assume the fixed overhead per unit was $4 for both the beginning and ending inventory. What is net income under absorption costing?
$255,600$230,800$247,600$280,400$214,000
on the basis of the following data for the lwb corporation for the current year and the preceding year ended december
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The question belongs to Accounting and it discusses about calculation of overhead cost assigned to a product
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