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Additional Information a. Sales and production data for these first two years follow. b. Varlable costs per unit and fixed costs per year are unchanged

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Additional Information a. Sales and production data for these first two years follow. b. Varlable costs per unit and fixed costs per year are unchanged during these years. The company's $49 per unit product cost using absorption costing consists of the following. c. Selling and administrative expenses consist of the following. Required: Prepare Income statements for each of these two years under varlable costing. (Loss amounts should be entered with a minus sign.)

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