Pact company had net income of $972,000 based on variable costing. beginning and ending inventories were 7,800 units and 5,200 units, respectively. assume the fixed overhead per unit was $3.61 for both the beginning and ending inventory. what is net income under absorption costing?

$962,614

Explanation:

Under absorption costing, the net income is the variable costing net income deducted by the associated fixed costs of the units sold.

The number of units sold is:

Since the fixed overhead per unit was $3.61, the net income under absorption costing is:

it was decent, could have been a little better.. how bout you lol.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.