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help plz Kurosawa Company manufactures a professional-grade vacuum cleaner and began operations in 2018. For 2018, Kurosawa budgeted to produce and sell 25,000 units. The
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Kurosawa Company manufactures a professional-grade vacuum cleaner and began operations in 2018. For 2018, Kurosawa budgeted to produce and sell 25,000 units. The company had no price, spending, or efficiency variances and writes off production-volume variance to cost of goods sold. Actual data for 2018 are given as follows: Insert Page Layout Formulas 21,000 18,500 432 1 Units 2 Units sold 3 Selling price 4 Variable costs: 5 Manufacturing cost per unit $ 33 23 62 46 Direct materials Direct manufacturing labor overhead cost per unit sold 9 Mark 10 Fixed costs 11 Manufacturing costs 12 Administrative costs 1,550,000 906,300 1.479,000 13 Ma costs Prepare a 2018 income statement for Kurosawa Company using variable and absorption Costings, and explain the difference in operating income between two methodsStep by Step Solution
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