What is net income under absorption costing

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Reference no: EM131022148

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

Reference no: EM131022148

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