Question: Using information provided below: Beginning Inventory (units) Production (units) Sold Units Ending Inventory (units) Unit Selling Price Manufacturing Costs incurred: Variable Fixed Operating Cost S
Using information provided below: Beginning Inventory (units) Production (units) Sold Units Ending Inventory (units) Unit Selling Price Manufacturing Costs incurred: Variable Fixed Operating Cost S 69 69 250 26500 19875 ???? 59 69 525000 393750 incurred: Variable Fixed 69 69 175000 70000 A. Prepare a statement of comprehensive income using ABSORPTION costing B. Calculate the difference in operating income between Absorption and variable costing methods (DO NOT prepare a statement)
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