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Exercise 1 9 - 8 ( Algo ) Variable costing income statement LO P 2 Kenzi, a manufacturer of kayaks, began operations this year. During

Exercise 19-8(Algo) Variable costing income statement LO P2
Kenzi, a manufacturer of kayaks, began operations this year. During this year, the company produced 1,075 kayaks and sold 825 at a price of $1,075 each. At year-end, the company reported the following income statement information using absorption costing.
\table[[Sales (825$1,075),$886,875
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