Question: please answer and use this format 3. Prepare an income statement on an absorption-costing basis. Show the percentage of sales that each line item represents.

please answer and use this format please answer and use this format 3. Prepare an income statement
on an absorption-costing basis. Show the percentage of sales that each line
item represents. Round the percent to four decimal places before converting to
a percentage. For example, ,88349 would be rounded to .8835 and entered
as 88.35 . 4. Consider Step 4 "where" core issue described in

3. Prepare an income statement on an absorption-costing basis. Show the percentage of sales that each line item represents. Round the percent to four decimal places before converting to a percentage. For example, ,88349 would be rounded to .8835 and entered as 88.35 . 4. Consider Step 4 "where" core issue described in Extibit 2.5. Briefly explain why you would expect Spencer's accountants to find it easy or aificut to answer thas "where

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