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Fisk Company uses a standard cost accounting system. During January, the company reported the following manufacturing variances. In addition, 8, 490 units of product were

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Fisk Company uses a standard cost accounting system. During January, the company reported the following manufacturing variances. In addition, 8, 490 units of product were sold at $9 per unit. Each unit sold had a standard cost of $4. Selling and administrative expenses were $8,000 for the month. Prepare an income statement for management for the month ended January 31, 2017

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