Use this information for Timmer Corporation to answer the question that follows. Timmer Corporation just started...
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Use this information for Timmer Corporation to answer the question that follows. Timmer Corporation just started business in January. There were no beginning inventories. During the year, it manufactured 11,700 units of product and sold 8,000 units. The selling price of each unit was $25. Variable manufacturing costs were $3 per unit, and variable selling and administrative costs were $4 per unit. Fixed manufacturing costs were $23,400 and fixed selling and administrative costs were $7,900. What would Timmer's income from operations be for the year using absorption costing? O a. $120,100 b. $128,000 Oc. $96,080 Od. $144,000 Use this information for Timmer Corporation to answer the question that follows. Timmer Corporation just started business in January. There were no beginning inventories. During the year, it manufactured 11,700 units of product and sold 8,000 units. The selling price of each unit was $25. Variable manufacturing costs were $3 per unit, and variable selling and administrative costs were $4 per unit. Fixed manufacturing costs were $23,400 and fixed selling and administrative costs were $7,900. What would Timmer's income from operations be for the year using absorption costing? O a. $120,100 b. $128,000 Oc. $96,080 Od. $144,000
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