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0.89 points per answer 1. The annual data that follow pertain to Rays Goggles, a manufacturer of swimming goggles (the company had no beginning inventory):
0.89 points per answer 1. The annual data that follow pertain to Rays Goggles, a manufacturer of swimming goggles (the company had no beginning inventory): Sales price Variable manufacturing expense per unit Sales commission expense per unit Fixed manufacturing overhead Fixed operating expenses Number of goggles produced Number of goggles sold $ $ $ $ 42 21 8 1,935,000 235,000 215,000 190,000 Requirement 1. Prepare both the conventional (absorption costing) and the contribution margin (variable costing) income statements for Rays Goggles for the Year Ended December 31. Begin with the conventional (absorption costing) income statement. Exam #3 Rays Goggles Income Statement (Absorption Costing) For the Year Ended December 31 Rays Goggles Contribution Margin (Variable Costing) Income Statement For the Year Ended December 31 Question 1 Question 2 Accessibilite Good to no
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