Question: Version A (B) Prepare the income statement using the variable costing concept. (C) Determine the cost of Finished Goods Inventory (in total) using absorption costing

Version A (B) Prepare the income statement using the variable costing concept. (C) Determine the cost of Finished Goods Inventory (in total) using absorption costing O units beginning inventory +97,000 units produced -92,000 units sold = Junits in ending inventory (D) Determine the cost of Finished Goods Inventory (in total) using variable costing. Page 15

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