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3. Happy Wheels has this information for its manufacturing: Its income statement under absorption costing is: a. Prepare an income statement for the month ending

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3. Happy Wheels has this information for its manufacturing: Its income statement under absorption costing is: a. Prepare an income statement for the month ending January 31,2023 according to the variable costing concept. b. If Happy Wheels reduced its inventories during the period, what impact would that have on the income from operations determined under absorption costing

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