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A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income of $127,960 using absorption costing. Total fixed manufacturing overhead was $59,160 and production was 11,600 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level:
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A company that produces a single product had a net operating income of $91,000 using variable costin...
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