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Atlas Manufacturing Is Closing the Year 2012

Question 163

Multiple Choice

Atlas Manufacturing is closing the year 2012. Atlas uses standard costing methodology in its accounting system and for internal performance reporting. Atlas's ending balances are shown here: Atlas Manufacturing is closing the year 2012. Atlas uses standard costing methodology in its accounting system and for internal performance reporting. Atlas's ending balances are shown here:   Using the standard costing system, how much is Net operating income? A)  $8,780 B)  $6,290 C)  $7,100 D)  $7,530 Using the standard costing system, how much is Net operating income?


A) $8,780
B) $6,290
C) $7,100
D) $7,530

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