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Arcade Away manufactures video games that it sells for $43 each. The company uses a fixed manufacturing overhead allocation rate of $4 per game. Assume

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Arcade Away manufactures video games that it sells for $43 each. The company uses a fixed manufacturing overhead allocation rate of $4 per game. Assume all costs and production levels are exactly as planned. The following data are from Arcade Away's first two months in business during 2018: E (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the product cost per game produced under absorption costing and under variable costing. October 2018 November 2018 Absorption Variable Absorption Variable costing costing costing costing Total product cost per game $ 22 S 18 $ 22 $ 18 Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. Arcade Away Absorption Costing Income Statement October 2018 November 2018 Total Net Sales Revenue Cost of Goods Sold uy TIGULUTUS VIVU yarus wat it sells for $43 each. The company uses a fixed manufacturing rate of $4 per game. Assume all costs and production levels are exactly as planned. The following ade Away's first two months in business during 2018:

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