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An investment banker is analyzing two companies that specialize in the production and sale of...

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Accounting

An investment banker is analyzing two companies that specialize in the production and sale of gourmet cappuccino and chai mixes. Wildhorse Beans Co. uses a labor-intensive approach and Blossom Industries uses a mechanized system. Variable costing income statements for the two companies are shown below:
\table[[,WildhorseBeans,Blossom Industries],[Sales,$1,220,000,$1,220,000
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