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E8.17 (LO 1) Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows: Variable manufacturing
E8.17 (LO 1) Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows: Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced Units sold Instructions a. Prepare an income statement using absorption costing. b. Prepare an income statement using variable costing. $40 per shade $100,000 $9 per shade $250,000 $90 per shade 10,000 shades 8,500 shades
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