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Question 2 (18 marks) Big Fir Industries reports the following information for the 2022 operating year. The company only experiences production volume variance and has

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Question 2 (18 marks) Big Fir Industries reports the following information for the 2022 operating year. The company only experiences production volume variance and has a December 31st year end. Current year production costs: Required 1. Prepare, in good format, the income statement using variable costing and absorption costing. 2. Reconcile the difference in income from requirement 1

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