Question: ACTG 2 P 1 2 April 1 7 , 2 0 1 4 Page 1 3 of 1 3 Problem 7 . ( 1 4

ACTG 2P12
April 17,2014
Page 13 of 13
Problem 7.(14 marks)
Jerod Jangles uses an absorption costing system. In April, the firm produced 78,000 units and sold 65,300. The traditional format income statement is as follows:
\table[[Sales,$636,675
ACTG 2P12 April 17,2014 Page 13 of 13 Problem 7.(14 marks)

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