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Home Q & A Board Other Fields Homework Help Business Accounting
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Mostafa91 Mostafa91
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A year ago

The following data pertain to last year's operations at Clarkson, Incorporated, a company that produces a single product:

Units in beginning inventory0
Units produced100,000
Units sold98,000
Selling price per unit$ 10.00
Variable costs per unit:
Direct materials$ 1.50
Direct labor$ 2.50
Variable manufacturing overhead$ 1.00
Variable selling and administrative expense$ 2.00
Fixed expenses per year:
Fixed manufacturing overhead$200,000
Fixed selling and administrative expense$ 50,000


What was the absorption costing net operating income last year?



▸ $44,000

▸ $48,000

▸ $50,000

▸ $49,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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sportzchik15sportzchik15
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A year ago
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Anonymous
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#2
6 months ago
Help! The answer is missing an explanation...
wrote...
#3
6 months ago
There you go!
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