Question: a . Prepare an income statement according to the absorption costing concept for the month ending February 2 8 . Fresno Industries Inc. Absorption Costing

a. Prepare an income statement according to the absorption costing concept for the month ending February 28.
Fresno Industries Inc.
Absorption Costing Income Statement
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b. Prepare an income statement according to the variable costing concept for the month ending February 28.
Fresno Industries Inc.
Varlable Costing Income Statement
Contribution marqin
Fixed costs:
Total fixed costs
operating income
a. Prepare an income statement according to the absorption costing concept

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