1 jeter corporation had net income of 214000 based on, Ask an Expert

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1] Jeter Corporation had net income of $214,000 based on variable costing. Beginning and ending inventories were 6,200 units and 10,400 units, respectively. Assume the fixed overhead per unit was $4 for both the beginning and ending inventory. What is net income under absorption costing?

$255,600
$230,800
$247,600
$280,400
$214,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91737808

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