Question: Absorption and Variable Costing Income Statements During the first month of operations ended July 31, YoSan Inc, manufoctured 12,100 fat panel televisions, of which 11,400

operations ended July 31, YoSan Inc, manufoctured 12,100 fat panel televisions, of

which 11,400 were 5old, Operating data for the month are summarzed as

Absorption and Variable Costing Income Statements During the first month of operations ended July 31, YoSan Inc, manufoctured 12,100 fat panel televisions, of which 11,400 were 5old, Operating data for the month are summarzed as follows: 1. Prepare an income statement based on the absorption costing concept. 2. Prepare an income statement based on the variable costing concept. YoSan Inc

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