Question: Bugesera PLC reported $ 1 1 1 , 0 0 0 of income for the year by using variable costing. The company had no beginning

Bugesera PLC reported $111,000 of income for the year by using variable costing. The company had no beginning inventory, planned and actual production of 50,000 units, and sales of 47,000 units. Standard variable manufacturing costs were $15 per unit, and total budgeted fixed manufacturing overhead was $75,000. If there were no variances, what would be the income under absorption costing?

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