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Holland Industries is a manufacturer of basketballs. Holland Industries began operations this current year. Holland Industries produced 5,200 basketballs and sold 4,100 basketballs. Every basketball

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Holland Industries is a manufacturer of basketballs. Holland Industries began operations this current year. Holland Industries produced 5,200 basketballs and sold 4,100 basketballs. Every basketball sold was sold at a price of $82. Holland Industries fixed overhead costs total $63,440. Holland Industries fixed selling and administrative costs total $64,400. For the current year, Holland Industries reports the following per unit variable costs: Holland Industries Variable Product Costs Holland Industries Variable Selling and Adm. expenses $24.20 $ 1.20 For Holland Industries, please prepare an absortion costing style income statement for the current year. Holland Industries is doing business as (DBA) Aces Inc. ACES INC. Absorption Costing Income Statement Selling general and administrative expenses Prev 34 of 38 Next > rch 8 For Holland Industries, please prepare an absortion costing style income statement for the current year. Holland Industries is doing business as (DBA) Aces Inc. ACES INC. Absorption Costing Income Statement Selling general and administrative expenses Net income (loss) earch o Hi Co HH

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