Idditional Information a. Sales and production data for these first two years follow. b. Variable...
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Idditional Information a. Sales and production data for these first two years follow. b. Variable costs per unit and fixed costs per year are unchanged during these years. The company's $45 per unit product cost using absorption costing consists of the following. c. Selling and administrative expenses consist of the following. Required: Prepare income statements for each of these two years under variable costing. Note: Loss amounts should be entered with a minus sign
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Idditional Information a. Sales and production data for these first two years follow. b. Variable costs per unit and fixed costs per year are unchanged during these years. The company's $45 per unit product cost using absorption costing consists of the following. c. Selling and administrative expenses consist of the following. Required: Prepare income statements for each of these two years under variable costing. Note: Loss amounts should be entered with a minus sign 