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2 . Discount Tires has this information for its manufacturing: Its income statement under absorption costing is: a . Prepare an income statement for the
Discount Tires has this information for its manufacturing:
Its income statement under absorption costing is:
a Prepare an income statement for the month ending January according to the variable costing concept.
b If Discount Tires reduced its inventories during the period, what impact would that have on the income from operations determined under absorption costing?
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