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Business, 31.07.2019 04:20 nataluarenhg6924

Sims company, a manufacturer of tablet computers, began operations on january 1, 2019. its cost and sales information for this year follows. manufacturing costs direct materials $ 40 per unit direct labor $ 60 per unit overhead costs variable $ 20 per unit fixed $ 8,400,000 (per year) selling and administrative costs for the year variable $ 725,000 fixed $ 4,000,000 production and sales for the year units produced 105,000 units units sold 75,000 units sales price per unit $ 350 per unit 1. prepare an income statement for the year using variable costing. 2. prepare an income statement for the year using absorption costing.

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Sims company, a manufacturer of tablet computers, began operations on january 1, 2019. its cost and...

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