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What is net income under absorption costing

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Question - Jeter Corporation had net income of $230,000 based on variable costing. Beginning and ending inventories were 7,800 units and 13,600 units, respectively. Assume the fixed overhead per unit was $7 for both the beginning and ending inventory. What is net income under absorption costing?

$325,200

$270,600

$311,200

$379,800

$230,000

Reference no: EM132189454

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