Question: Variable Costing Income Statement; Reconciliation [ LO2, L LO3] During Durton Comphany's first two years of operations, the company reported variable costing operating income as

Comphany's first two years of operations, the company reported variable costing operating

income as shown below, Production and cost data for the two years

Variable Costing Income Statement; Reconciliation [ LO2, L LO3] During Durton Comphany's first two years of operations, the company reported variable costing operating income as shown below, Production and cost data for the two years are given: The company's $20 unit product cost is computed as follows: Requined: 1. Prepare an absorption costing income statement for each year. 2. Reconcile the absorption costing and variable costing operating income figures for each year

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