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Business, 30.07.2020 01:01 dondre54

During 2016, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable manufacturing costs were $5 per unit. Annual fixed manufacturing overhead was $120,000 ($2 per unit). Variable selling and administrative costs were $1 per unit sold, and fixed selling and administrative costs were $30,000. Required:
Prepare an absorption costing income statement.

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During 2016, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable m...

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