What is net income under absorption costing, Accounting Basics

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What is net income under absorption costing

Dent Corporation had net income of $182,000 based on variable costing. Beginning and ending inventories were 5,000 units and 8,000 units, respectively. Assume the fixed overhead per unit was $3 for both the beginning and ending inventory. What is net income under absorption costing?

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Accounting Basics: What is net income under absorption costing

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Accounting Basics: What is net income under absorption costing

Reference No:- TGS0679578

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : The intention of harvesting the timber

Q : The weighted average inventory valuation method

Q : What is the total amount of goodwill recognized

Q : Find amount of liabilities that firm have for balance sheet

Q : What is net income under absorption costing

Q : Probability related to defective items

Q : Compute the amount of the preferred dividends declared

Q : What areas apparently require improvement

Q : What is this company overhead rate

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is net income under absorption costing

Reference No:- TGS0679578

Recent Questions Asked Accounting Basics

Q : The intention of harvesting the timber

Q : The weighted average inventory valuation method

Q : What is the total amount of goodwill recognized

Q : Find amount of liabilities that firm have for balance sheet

Q : What is net income under absorption costing

Q : Probability related to defective items

Q : Compute the amount of the preferred dividends declared

Q : What areas apparently require improvement

Q : What is this company overhead rate

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