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A manufacturer reports the following information for the past three years. Compute income for each of the three years using absorption costing. Hint: Fixed overhead

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A manufacturer reports the following information for the past three years. Compute income for each of the three years using absorption costing. Hint: Fixed overhead in inventory equals the FOH per unit x Units in inventory. Note: Amounts to be deducted should be indicated with a minus sign. Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 20% of next month's budgoted unit sales. Finished goods inventory on April 1 is 124 units. Prepare a production budget for the months of April, May, and June

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