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read carefully as my answers are wrong in the first graph thanks Benson Company incurred manufacturing overhead cost for the year as follows. The company
read carefully as my answers are wrong in the first graph thanks
Benson Company incurred manufacturing overhead cost for the year as follows. The company produced 1,300 units and sold 800 of them at $180.30 per unit. Assume that the production manager is paid a 1 percent bonus based on the company's net income Required a. Prepare an income statement using absorption costing: b. Prepare an income statement using variable costing. c. Determine the manager's bonus using each approach. Whicli approach would you recommend for internal reporting? Complete this question by entering your answers in the tabs below. Prepare an income statement using absorption costing: Absorption costing Variable costing Which approach is recommendedStep by Step Solution
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