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A.) Manufacturing Compary incurred $5,500 of fixed product cost and $44,400 of vanable product cost during its first year of operation. Also during its first

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A.) Manufacturing Compary incurred $5,500 of fixed product cost and $44,400 of vanable product cost during its first year of operation. Also during its first year. A incurred $17650 of fored and $14.100 of variable selling and odministrative costs The corrpary sold all of the units it produced for $182000 Required a. Prepare an income statement using the format required by generally accepted accounting Principles (GAAP). b. Prepare an income statement using the contribution margin approach. Complete this question by entering your answers in the tabs below. Prepare an incomen statement using the format required by generally accepted accounting Principles (GAMP). Complete this question by entering your answers in the tabs below. Prepare an income statement using the contribution margin approach

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