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( 5 points ) Income Statement Huddleston Manufacturing Company For the Year Ended December 3 1 , 2 0 2 0 Huddleston Manufacturing estimates its
points Income Statement Huddleston Manufacturing Company For the Year Ended December Huddleston Manufacturing estimates its sales in will be $ million. Interest expense is expected to remain unchanged at $ and the firm plans to pay cash dividends of $ during Cost of goods sold includes $ in fixed costs, and operating expenses include $ in fixed costs. Use the fixedvariable expense method to prepare a pro forma income statement for the year ended December based on the income statement shown above.
points
Income Statement
Huddleston Manufacturing Company
For the Year Ended December
Huddleston Manufacturing estimates its sales in will be $ million. Interest expense is
expected to remain unchanged at $ and the firm plans to pay cash dividends of $
during Cost of goods sold includes $ in fixed costs, and operating expenses include
$ in fixed costs. Use the fixedvariable expense method to prepare a pro forma income
statement for the year ended December based on the income statement shown
above.
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