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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
During the current period, 14,000 units were produced and 12,000 units were sold. Fixed manufacturing costs incurred amounted to $126,000. An absorption costing income statement would report fixed manufacturing costs as which of the following?
A) Costs of $108,000 as a deduction from gross profit to obtain operating income
B) Costs of $126,000 as a deduction from sales revenue to obtain contribution margin
C) Overhead of $126,000 as a deduction from sales revenue to obtain gross profit
D) Overhead of $108,000 as a deduction from sales revenue to obtain gross profit
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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dandan123

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3 years ago
thank you
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