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Q# 1 . Please review the following and prepare the income statements as requested. You are required to respond to A , B and C
Q# Please review the following and prepare the income statements as requested. You are required to respond to A B and CA Prepare an income statement according to the absorption costing concept for June.
B Prepare an income statement according to the variable costing concept for June.
C What is the reason for the difference in the amount of income from operations reported in
A and B
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