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2. Prepare the current-year income statement for the company using absorption costing. et Income under van'able costing Is higher than net Income under absorption costing

2. Prepare the current-year income statement for the company using absorption costing.

et Income under van'able costing Is higher than net Income under absorption costing by: Number of units added to(subtracted from) inventory -= Fixed costs added 1o(subtracted from} inventory

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