At the end of last year, Lee Company had 40,000 units in its ending inventory....
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Accounting
At the end of last year, Lee Company had units in its ending inventory. Every year, Lee Company's variable production costs are $ per unit, and its fixed manufacturing overhead costs are $ per unit. The company's operating income for the year was $ higher under variable costing than under absorption costing. Given these facts, what must have been the number of units of product in inventory at the beginning of the year?
a
b
c
d
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