Kilko Company has the following costs associated with its production and sales. Beginning Inventory Units Produced...
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Kilko Company has the following costs associated with its production and sales. Beginning Inventory Units Produced Units Sold Selling Price per Unit Variable Selling Expense Fixed Selling Expense Direct Material Cost Direct Labor Cost Variable Mfg. Overhead Fixed Mfg. Overhead n/a LA $ LA $ LA $ LA $ LA $ $ 64,250 60,950 28.75 2.35 75,600 5.25 15.00 3.00 88,665 Prepare an Absorption Income Statement as of December 31, 2022. (round the cost per product to (2) two decimal places) Kilko Company has the following costs associated with its production and sales. Beginning Inventory Units Produced Units Sold Selling Price per Unit Variable Selling Expense Fixed Selling Expense Direct Material Cost Direct Labor Cost Variable Mfg. Overhead Fixed Mfg. Overhead n/a LA $ LA $ LA $ LA $ LA $ $ 64,250 60,950 28.75 2.35 75,600 5.25 15.00 3.00 88,665 Prepare an Absorption Income Statement as of December 31, 2022. (round the cost per product to (2) two decimal places)
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