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please help finish this! its absorption costing Roberts Company manufactures and sells one product. The following information pertains to each of the company's first three
please help finish this!
its absorption costing
Roberts Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: During its first year of operations Roberts produced 40,000 units and sold 40,000 units. During its second year of operations it produced 55,000 units and sold 30,000 units. In its third year, Roberts produced 20,000 units and sold 45,000 units. The selling price of the company's product is $66 per unit. b. Prepare an income statement for year 1, year 2, and year 3. (Round your intermediate calculations to 2 decimal places.) Step by Step Solution
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