Question: pls help how do i enter the answers in excel formula 5ims Company began operations on January 1 . its cost and sales information for


5ims Company began operations on January 1 . its cost and sales information for this year follow. 1. Prepare an income statement for the year using variable costing. (Use cells AA to C12 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values.) (Use cells A4 to Cl2 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values.) 2. Prepare an income statement for the year using absorption costing. (Use cells A4 to Cl2 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values.) (Use cells As to Cl2 from the given information to complete this question. Negative amounts or amounts to be deducted should be input and displayed as negative values. All other answers should be input and displayed as positive values.)
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