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complete all requirements Data table Requirements 1. Prepare a 2020 income statement for CleanAir Company using variable costing. 2. Prepare a 2020 income statement for
complete all requirements
Data table Requirements 1. Prepare a 2020 income statement for CleanAir Company using variable costing. 2. Prepare a 2020 income statement for CleanAir Company using absorption costing. 3. Explain the differences in operating incomes obtained in requirements 1 and 2. 4. CleanAir's management is considering implementing a bonus for the supervisors based on gross margin under absorption costing. What incentives will this bonus plan create for the supervisors? What modifications could CleanAir management make to improve such a plan? Explain briefly. CeanAir Compsny manufachurers a professional-grade vacuum cleaner and began operations in 2020 . For 2020 , CloanAir budgoted to produce and sell 26,000 unts. The company had no prion spending, or efficiency variances and wites oll producton-volume variance to cost of goods sold. Actual data for 2020 are given as follows: Requirement 1. Prepare a 2020 income stalement for CleanAir Compary using variable costing Complete the top half of the incorne statement frst, then complete the betlon portion. (For amounts with a So balance, make sure to enter "O" in the appropriate ingut field.) Step by Step Solution
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