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Dessa,IncReports the Following Information for the Year Ended December 31

question 210

Multiple Choice

Dessa,Inc.reports the following information for the year ended December 31:
Dessa,Inc.reports the following information for the year ended December 31:   The beginning Finished Goods Inventory costs were $3,600 under absorption costing and $2,700 under variable costing. What is the operating income using variable costing? A) $41,280 B) $42,500 C) $11,780 D) $4,280
The beginning Finished Goods Inventory costs were $3,600 under absorption costing and $2,700 under variable costing.
What is the operating income using variable costing?

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Definitions:

Representation Gap

The discrepancy or disconnect between the interests and needs of workers and the extent to which they are represented or addressed within the workplace or through collective bargaining.

National Labor Relations Act

A foundational U.S. law enacted in 1935 that protects the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

Global Marketplace

An integrated and interdependent worldwide economic trading environment in which goods, services, people, skills, and ideas move freely across national borders.

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, given by an employer to an employee.

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