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help!!! Sarah is in her first year of work at an accounting services firm after earning her degree. She has become very comfortable preparing financial

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Sarah is in her first year of work at an accounting services firm after earning her degree. She has become very comfortable preparing financial stateinents for many different companies that use standard costing within their absorption costing systems. However, one client now needs not only its usualabsorption costing income statements but also financial statements for the same pericel presented under variable costing. Sarah gathers the following information, noting there are no price or efficiency variances in either vear. If there is a foued MOH volume variance, company policy is to write it off directly to COGS. Prepare income statements for both years under the variable costing method. (List variable expenses before fixed expenses)

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