ch21 income statements under absorption costing

Bammaite the ietults har Harki If required, round interim per-uait calculatiens to the nearest cent. a. Prepare an incimie trazemest according to the absorptien costing concept b. Prepere on incoeme stechment ascopiting ti The wariabie costing concref. Winder the method, the fixed manufacturing cost induced in the cost of goods soid is aratched with the forenurs. cost is deducted in the period in which it is incurred, regardless of the amount of inventory aperating incoine