What is net income under absorption costing? Kluber, Inc. had a net income of $926,000based on variable costing. Beginning andending inventories were 56,800 units and52,150 units, respectively. Assume the fixedoverhead per unit was $1.87 for both thebeginning and ending inventory.What is net income under absorptioncosting?

Concept of Variable CostingVariable costing is a method of accounting where only variable costs,…

Answered: Kluber, Inc. had a net income of…

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Ming Company had a net income of $780,200 based on variable costing. Beginning and ending inventories were 8,600 units and 6,000 units, respectively. Assume the fixed overhead per unit was $3.80 for both the beginning and ending inventory. What is net income under absorption costing?
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Ming Company had income of $771,200 based on variable costing. Beginning and ending finished goods inventories were 7,700 units and 5,100 units, respectively. Assume the fixed overhead per unit was $2.90 for both the beginning and ending finished goods inventory. What is income under absorption costing? (Amounts to be deducted should be indicated with a minus sign.) Variable costing income Fixed overhead in beginning FG inventory Fixed overhead in ending FG inventory Absorption costing income
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A company has a net income of $918,000 based on variable costing method. Beginning and ending inventories were 56,800 units and 55,600 units. Assume the fixed overhead per unit was $2.15 for both the beginning and ending inventory. What will be the net income under absorption costing?
X Corp produces single product. Income under variable costing and absorption costing are 36,400 and 25,600, respectively. Product cost per unit under Variable costing and absorption costing are 18 and 20 per unit, respectively. Ending inventory is 2,600 units, what is the beginning inventory in units?A. 5,400B. 2,800C. 8,000D. 13,400

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Kluber, Inc. had a net income of $926,000 based on variable costing. Beginning and ending inventories were 56,800 units and 52,150 units, respectively. Assume the fixed overhead per unit was $1.87 for both the beginning and ending inventory. What is net income under absorption costing?