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Business, 06.05.2020 04:20 NicolasG

The level of inventory of a manufactured product has increased by 7,000 units during a period. The following data are also available:
Variable Fixed
Unit manufacturing costs of the period $12.00 $6.00
Unit operating expenses of the period 4.00 1.50
Required:
1. The effect on operating income if absorption costing is used rather than variable costing would be a .

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