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Atlas Manufacturing Is Closing the Year 2012

question 133

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Atlas Manufacturing is closing the year 2012. Atlas uses standard costing methodology in its accounting system and for internal performance reporting. Atlas's ending balances are shown here: Atlas Manufacturing is closing the year 2012. Atlas uses standard costing methodology in its accounting system and for internal performance reporting. Atlas's ending balances are shown here:   Using the standard costing system, how much is Net operating income? A)  $8,780 B)  $6,290 C)  $7,100 D)  $7,530 Using the standard costing system, how much is Net operating income?


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