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ABC company produces a single product with the following information . Prepare an income statement using both variable and Absorption costing #of units produced &

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ABC company produces a single product with the following information . Prepare an income statement using both variable and Absorption costing #of units produced & Sold Annually 28,900 units Selling price per unit BD 100 Variable cost per unit: Direct materials BD 9 Direct Labor BD 6 Selling & Administrative Expenses BD 3 Fixed cost per year: Manufacturing overhead BD 100,050 Selling & Administrative Expenses BD 55,350

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