Please find both questions below. Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials.
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Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66791c6f6e8de_16766791c6f46930.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66791c7005c84_16766791c6fd3ce9.jpg)
Please find both questions below.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66791c709b73d_16866791c7062eb6.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66791c712f838_16966791c710bf83.jpg)
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