Question: Required: a) Prepare income statements for both years using absorption costing. (8 Marks) b) Prepare income statements for both years using variable costing. (8 Marks)

Required: a) Prepare income statements for both years using absorption costing.

Required: a) Prepare income statements for both years using absorption costing. (8 Marks) b) Prepare income statements for both years using variable costing. (8 Marks)

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