Crystal Corporation produces a single product. The company's variable costing income statement for the month of May appears below: The company produced 80,000 units in May and the beginning inventory consisted of 25,000 units. Variable production costs per unit and total fixed costs have remained constant over the past several months. Under absorption costing, for May the company would report a:

Question

Crystal Corporation produces a single product. The company's variable costing income statement for the month of May appears below:  The company produced 80,000 units in May and the beginning inventory consisted of 25,000 units. Variable production costs per unit and total fixed costs have remained constant over the past several months. Under absorption costing, for May the company would report a:

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The Answer of Crystal Corporation produces a single product. The company's variable costing income statement for the month of May appears below:  The company produced 80,000 units in May and the beginning inventory consisted of 25,000 units. Variable production costs per unit and total fixed costs have remained constant over the past several months. Under absorption costing, for May the company would report a:

Crystal Corporation Produces a Single Product