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Pungent Corporation manufactures and sells a spice rack. Sho…

Posted byAnonymous May 12, 2025May 12, 2025

Questions

Pungent Cоrpоrаtiоn mаnufаctures and sells a spice rack. Shown below are the actual operating results for the first two years of operations:     Year 1 Year 2   Units (spice racks) produced   40,000   40,000 Units (spice racks) sold   37,000   41,000 Absorption costing net operating income $ 44,000 $ 52,000 Variable costing net operating income $ 38,000   ???   Pungent's selling price and unit variable cost and total fixed cost were the same for both years. What is Pungent's variable costing net operating income for Year 2?

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Tags: Accounting, Basic, qmb,

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