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What is net income under absorption costing

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Question: Front Company had net income of $86,500 based on variable costing. Beginning and ending inventories were 2,200 units and 4,000 units, respectively. Assume the fixed overhead per unit was $8.60 for both the beginning and ending inventory. What is net income under absorption costing?

$139,820

$87,600

$71,020

$33,180

$101,980

Reference no: EM131748869

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