Jeter Corporation Had Net Income of $212,000 Based on Variable

question 29

Multiple Choice

Jeter Corporation had net income of $212,000 based on variable costing.Beginning and ending inventories were 6,000 units and 10,000 units,respectively.Assume the fixed overhead per unit was $4 for both the beginning and ending inventory.What is net income under absorption costing?

• A)$252,000
• B)$228,000
• C)$244,000
• D)$276,000
• E)$212,000

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Definitions:

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