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Gibson Company has provided the following for the year. a. Prepare in good form a budgeted and actual income statement for intemal use. Separate operating

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Gibson Company has provided the following for the year. a. Prepare in good form a budgeted and actual income statement for intemal use. Separate operating income from net income the statements and indicate whether each varlance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (Le., z variance).)

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