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Condit Corporation manufactures a variety of products. Variable costing net operating income was $75,600 last year and was $80,100 this year. Last year, inventory decreased by 3,400 units. This year, inventory increased by 3,000 units. Fixed manufacturing overhead cost is $5 per unit.

What was the absorption costing net operating income last year?

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Accounting Basics, Accounting

Category:- Accounting Basics
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