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Caudia's Foods producos froten meals that is sels for $15 cach. The company computes a new moethly fixed manufacturing ovechead aliscation cate bated on the
Caudia's Foods producos froten meals that is sels for $15 cach. The company computes a new moethly fixed manufacturing ovechead aliscation cate bated on the planned number of meals to bo produced that month. Assume all costs and production levels are exaclly as planned. The foliowing data are from Clauda's Foods' first monith in business (Cisk the icon to viow the data.) Requirement 2b. Prepare Claudia's Foods's January income statement using variable costing. Requirement 3. Is operating income higher under absorption costing or variable costing in January? In January, absorption costing operating income variable costing operating income. the data.) Data table ating income higher under absorption costing or variable costing in January
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