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please double check On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income statement, based on the
please double check
On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income statement, based on the varisbie costing conce Maryville Equipment Company Variable Costing Income Statement For the Month Ended October 31 Sales (14,400 units ) Variable cost of goods sold: Variable cost of goods manufactured Inventory, October 31 ( 2,300 units) Total variable cost of goods sold Manufacturing margin Vaniable selling and administrative expenses Contribution margin (331,200)$504,000(216,000)$288,000 Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs Operating income Prepare an income statement under absorption costing. Round all final answers to whole dollars Step by Step Solution
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