Ming Company had income of $776,200 based on variable costing. Beginning and ending finished goods...

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Accounting

Ming Company had income of $776,200 based on variable costing. Beginning and ending finished goods inventories were 8,200 units and 5,600 units, respectively. Assume the fixed overhead per unit was $3.40 for both the beginning and ending finished goods inventory. What is income under absorption costing?
Note: Amounts to be deducted should be indicated with a minus sign.

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