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Business, 26.03.2020 22:15 lilly8492

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in beginning inventory 0 Units produced 9,050 Units sold 8,650 Units in ending inventory 400 Variable costs per unit: Direct materials $ 20 Direct labor $ 62 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 12 Fixed costs: Fixed manufacturing overhead $ 135,750 Fixed selling and administrative expense $ 9,000 What is the net operating income (loss) for the month under variable costing

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