What is the net income under absorption costing

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Reference no: EM131296268

The company produced 35,030 units in August and the beginning inventory consisted of 8,770 units. Variable production costs per unit and total fixed costs have remained constant over the past several months. When the company sold 42,500 units and assume that net income under variable costing is $ 23,400, what is the net income under absorption costing?

$ 17,280

$ 23,400

$34,500

$45,920

Reference no: EM131296268

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