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prepare an income statement using absorption costing On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income
prepare an income statement using absorption costing
On October 31, the end of the first month of operations, Maryville Equipment Company prepared the following income statement, based on the variable costing concept: Ompany Costhg lncn Sat Foe tho Mon Ended 31 Salesmonmks).......... .... ... . VUble sold VuubJe pods mamhcttred hentocy, 31 (45,000 urits) Muwcturing rnarn. Vrbble sdihg and dmhistrathe OOenses cos mamhauring Toul Bed co. Details Prepare an income statement under absorption costing. $ 636000 (1 eo,) s 530000 ___.2 $ 2.640m (330D00) $2.31000
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