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Deprecated Deprecated
wrote...
Posts: 2784
8 years ago
Dentofax, Inc. reports the following information for August:

Sales Revenue   $800,000
Variable Cost of Goods Sold   110,000
Fixed Cost of Goods Sold   65,000
Variable Selling and Administrative Costs   130,000
Fixed Selling and Administrative Costs   65,000

Calculate the operating income for August using absorption costing.
A) $430,000
B) $995,000
C) $370,000
D) $240,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 941 times
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Mrgo-breedMrgo-breed
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Posts: 2227
8 years ago
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Deprecated Author
wrote...
7 years ago
Makes perfect sense, thx
wrote...
7 years ago
Happy to help Smiling Face with Open Mouth
wrote...
6 years ago
This is great
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