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On April 3 0 , the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing

On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept:
Joplin Company
Absorption Costing Income Statement
For the Month Ended April 30
\table[[Sales (5,000 units),,$105,000
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