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During the first month of operations ended May 31, 2016, Frost Point Fridge Company manufactured 46,000 mini refrigerators, of which 42,000 were sold Operating data
During the first month of operations ended May 31, 2016, Frost Point Fridge Company manufactured 46,000 mini refrigerators, of which 42,000 were sold Operating data for the month are summarized as follows Sales 9,660,000.00 Manufacturing costs: Direct materials Direct labor 3,22000000 1380,000.00 28,00000 Variable manufacturing cos Fixed manufacturing cost Seling and administrative expenses 06000.00 5,934,000.00 756,000.00 94000.001050,000.00 Variable Flxed Required Prepare an income statement based on the absorption costing concept.. Previous
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