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comparative income statements mdash variable and absorption costing using the inform 729565

Comparative income statements—variable and absorption costing

Using the information presented in E10 1, prepare comparative income statements for March (a) under absorption costing and (b) under variable costing.

E10 1

Direct materials


Direct labor


Variable factory overhead


Fixed factory overhead


Selling and administrative expenses


Units produced


Units sold


Selling price per unit


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