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Following is the revenue and cost data for Sunland Ltd. in the manufacturing of luxury shower curtains for the year ended December 31, 2022: Variable
Following is the revenue and cost data for Sunland Ltd. in the manufacturing of luxury shower curtains for the year ended December 31, 2022: Variable manufacturing costs $32 per curtain Fixed manufacturing overhead $70,650 Variable selling and administrative expenses $7 per curtain Fixed selling and administrative expenses $189,900 Selling price $81 per curtain Units produced and sold 7,350 Prepare an income statement using absorption costing
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