Absorption Costing Unit Product Cost and Income Statement [LO1, LO2] Refer to the data in Exercise 69
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Absorption Costing Unit Product Cost and Income Statement [LO1, LO2]
Refer to the data in Exercise 6–9 for CompuDesk. Assume in this exercise that the company uses absorption costing.
Required:
1. Compute the unit product cost for one computer desk.
2. Prepare a n i ncome s tatement.
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