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  3. (b) what is the net operating income (loss) in yea

(b) What is the net operating income (loss) in Year 2 under absorption costing? ...

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Question

Accounting

(b) What is the net operating income (loss) in Year 2 under absorption costing?
(c) What is the net operating income (loss) in Year 1 under variable costing?(d) What is the net operating income (loss) in Year 2 under variable costing?(b) What is the net operating income (loss) in Year 2 under absorption costing?
(a) What is the net operating income (loss) in Year 1 under absorption costing?
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Chapter 6: Applying Excel
Data
Selling price per unit $251
Manufacturing costs:
Variable per unit produced:
Direct materials $102
Direct labor $52
Variable manufacturing overhead $21
Fixed manufacturing overhead per year $97,200
Selling and administrative expenses:
Variable per unit sold $3
Fixed per year $54,000
Year 1 Year 2
Units in beginning inventory 0
Units produced during the year 2,7001,800
Units sold during the year 2,2002,200

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