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4. ( 20pts) A Company has the following information about its only product: Units produced and sold Selling price per unit 10,000 $20 a) Prepare

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4. ( 20pts) A Company has the following information about its only product: Units produced and sold Selling price per unit 10,000 $20 a) Prepare an income statement using the contribution approach. b) Prepare an income statement using the absorption approach

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