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Income Statements under Absorption and Variable CostingShawnee Motors Inc. assembles and sells MP 3 players. The company began operations on August 1 and operated at

Income Statements underAbsorptionandVariable
CostingShawnee Motors Inc. assembles and sells MP3 players. The company
began operations on August 1 and operated at 100% of capacity
during the first month. The following data summarize the results
for August:If required, round interim per-unit calculations to the nearest
cent.
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