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A company reported the following information for its first year of operations: Required: a. Prepare a full absorption costing income statement. b. Prepare a variable

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A company reported the following information for its first year of operations: Required: a. Prepare a full absorption costing income statement. b. Prepare a variable costing income statement. Complete this question by entering your answers in the tabs below. Prepare a full absorption costing income statement. Note: Do not round your intermediate calculations. Round your answers to nearest dollar amount Prepare a variable costing income statement. Omit Per Unit and Percent of Sales column Note: Do not round your intermediate calculations. Round your answers to nearest dollar

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