Tolton, Inc. is just shy of hitting its operating income target. The manager, K . T .
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Tolton, Inc. is just shy of hitting its operating income target. The manager, KT Tolton, decides to purchase inferior materials right before year end. The standard price for the materials is $ per pound. KT buys pounds of inferior product at $ per pound. What is the effect on net income for the year? Please sign an increase as a positive number eg and a decrease as a negative number eg
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