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On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absorption costing concept: Assume

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On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absorption costing concept: Assume the fixed manuacturing costs were $15,500 and the toxed seeng and aoministrative expenses were 58,040 . Prepare an income statement according to the variable costing concept. Round all final answers to whole dodiars: Assume the fixed manufacturing costs were $15,360 and the fixed selling and administrative expenses

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