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Flounder Inc.'s income statement for the current year, using absorption costing is as follows: Flounder produced 3,300 units and sold 2,700 units. The company shows
Flounder Inc.'s income statement for the current year, using absorption costing is as follows: Flounder produced 3,300 units and sold 2,700 units. The company shows a cost per unit for variable manufacturing costs of $20 per unit and $1 per unit for variable operating expenses. If the manager would like to create a variable costing income statement for the same period, what would it look like
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