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Dremmon Corporation uses a standard cost accounting system. Data for the last fiscal year are as follows:  There were no price, efficiency, or spending variances for the year, and actual selling and administrative expenses equaled the budget amount. Any volume variance is written off to cost of goods sold in the year incurred. There are no work-in-process inventories.If Dremmon uses absorption costing, its operating income earned in the last fiscal year wasA. $21,500 B. $27,000 C. $28,000 D. $30,000 |