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QUESTION 6 (ABSORPTION COSTING) Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows:

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QUESTION 6 (ABSORPTION COSTING) Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Vanable manufacturing costs Foxed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced Units sold Prepare an income statement using absorption costing. [5 marks] $40 per shade $100,000 59 per shade $250,000 $90 per shade 10.000 shades 8.500 shades

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