Assume That the Company Uses an Absorption Costing System That

question 24

Multiple Choice

Assume that the company uses an absorption costing system that assigns $19 of direct labor cost and $55 of fixed manufacturing overhead to each unit that is produced. The net operating income under this costing system is:

• A)$1,321,000
• B)$1,225,000
• C)$1,395,000
• D)$1,340,000

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Signing Statement

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