Complete this question by entering your answers in the tabs below. Assume the company uses...
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Complete this question by entering your answers in the tabs below. Assume the company uses variable costing. Prepare an income statement for Year 1 and Year 2. a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2. 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1 . Complete this question by entering your answers in the tabs below. Assume the company uses absorption costing. Compute the unit product cost for Year 1 and Year 2 . Note: Round your answer to 2 decimal places. Assume the company uses absorption costing. Prepare an income statement for Year 1 and Year 2. Note: Round your intermediate calculations to 2 decimal places. Reconcile the difference between variable costing and absorption costing net operating income in Year 1. Note: Enter any losses or deductions as a negative value
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