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M.S.B. Co. uses absorption costing and provides a bonus to managers based on operating income of their divisions. In 2023, one of M.S.B divisions reported

M.S.B. Co. uses absorption costing and provides a bonus to managers based on operating income of their divisions. In 2023, one of M.S.B divisions reported the following: requirea Using the absorption costing income as a starting point, calculate the variable costing income for the year. Do not prepare a statement of income

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