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Discuss what is net income under absorption costing

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Jeter Corporation had net income of $232,000 based on variable costing. Beginning and ending inventories were 8,000 units and 14,000 units, respectively. Assume the fixed overhead per unit was $6 for both the beginning and ending inventory. What is net income under absorption costing?

$316,000
$268,000
$304,000
$364,000
$232,000

Reference no: EM131760421

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