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Sheffield's Company builds custom fishing lures for sporting goods stores, in its first year of operations, 2022, the company incurred the following costs: Sheffield's Company

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Sheffield's Company builds custom fishing lures for sporting goods stores, in its first year of operations, 2022, the company incurred the following costs: Sheffield's Company sells the fishing lures for $26,00. During 2022, the company produced 95,700 lures and sold 76,400 Prepare an absorption-costing income statement for 2022

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