Craft Company produces a single product. Last year, the company had a net operating income of $90,560 using absorption c...
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Craft Company produces a single product. Last year, the company had a net operating income of $90,560 using absorption costing and $80,900 using variable costing. The fixed manufacturing overhead cost was $6 per unit. There were no beginning inventories. If 28,500 units were produced last year, then sales last year were: |