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Business, 29.04.2021 16:20 cascyrio2002
Gleeson Corp. obtained the following information from its absorption costing accounting records: Operating Income $24,000 Total Product Costs incurred during the period $16,000 Value of Beginning Work-in-Process and Finished Goods Inventories $0 Value of Ending Work-in-Process and Finished Goods Inventories $0 Sales $50,000 The total Period Costs incurred this period equals: Select one: A. $20,000 B. $10,000 C. $15,000 D. $48,000
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