Pool-Pro Products incurred the following costs for its line of swimming pool pumps: 100,000 units were produced,
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Pool-Pro Products incurred the following costs for its line of swimming pool pumps:
100,000 units were produced, and 80,000 units were sold. There were no beginning inventories.
a. Using T-accounts, trace the manufacturing cost flows under variable costing.
b. Using T-accounts, trace the manufacturing cost flows under full-absorption costing.
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