Question: Saved Help Save & Exit Sub Kluber, Inc. had net income of $915,000 based on variable costing. Beginning and ending inventories were 56,500 units and
Saved Help Save & Exit Sub Kluber, Inc. had net income of $915,000 based on variable costing. Beginning and ending inventories were 56,500 units and 55,000 units, respectively. Assume the fixed overhead per unit was $2.00 for both the beginning and ending inventory. What is net income under absorption costing? Multiple Choice O $803,500 O $909,000 O $1,026,500 O $12.000
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