Continuation of S6-14: absorption costing (Learning Objective 7) (Appendix) Refer to the Sportade example on pages 332-338
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Continuation of S6-14: absorption costing (Learning Objective 7)
(Appendix) Refer to the Sportade example on pages 332-338 and the data and your answer to S6-14.
1. Prepare the April income statement under absorption costing.
2. Is absorption costing income higher or lower than variable costing income? Explain.
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