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A manufacturing company that produces a single product has provided the following data concerning its most recent year of operations: During the year, the company
A manufacturing company that produces a single product has provided the following data concerning its most recent year of operations: During the year, the company produced 7,300 units and sold 6,000 units. The selling price of the company's product is $200 per unit. Assume that the company uses variable costing: a. Computer the unit product cost. (3 points) b. Prepare an income statement for the year. (8 points)
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