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Rey Company's only product sells for $ 2 2 0 per unit. Data for its first year of operations follow. Prepare an income statement for

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Rey Company's only product sells for $220 per unit. Data for its first year of operations follow.
Prepare an income statement for the year using absorption costing
Prepare an income statement for the year using variable costing.
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Prepare an income statement for the year using absorption costing.
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