Stone Company produces a single product. The company sold 20,400 units last year, resulting in...
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Accounting
Stone Company produces a single product. The company sold 20,400 units last year, resulting in net operating income of $80,000 under absorption costing and $87,000 under variable costing. Fixed manufacturing overhead cost was $5 per unit. There were no beginning inventories. How many units were produced last year?
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