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can some explain how they got the answers for absorbtion and variable income statements? 2. MG Products manufactures gas grills. The company was very successful
can some explain how they got the answers for absorbtion and variable income statements? 2. MG Products manufactures gas grills. The company was very successful in 2001 and demand for their product was much higher than anticipated. Use the production and sales information below to answer the questions. Note: Assume all fixed costs and all variable unit costs remained the same from the previous year. a. Prepare an income statement using variable costing. b. Prepare an income statement using absorption costing
can some explain how they got the answers for absorbtion and variable income statements?
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