=+Variable factory overhead controllable variancefavorable 250 Fixed factory overhead volume varianceunfavorable 3,200 Interest expense 2,250 Sales 580,000
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=+Variable factory overhead controllable variance—favorable 250 Fixed factory overhead volume variance—unfavorable 3,200 Interest expense 2,250 Sales 580,000 Selling expenses 85,800 Prepare an income statement for presentation to management.
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