Question: Exercise 15-6A (Algo) Income statement for internal use LO 153 Vernon Company has provided the following for the year: Required a. Prepare in good form

Exercise 15-6A (Algo) Income statement for internal use LO 153 Vernon Company has provided the following for the year: Required a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfovorable (U). (SFlelect "None" If there is no effect (I.e., zero variance).) VERNON COMPANY Internal Income Statement

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