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Sheridan Mators is a division of Sheridan Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During
Sheridan Mators is a division of Sheridan Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 180,000 units for $7.00 per unit. Mary Smith is the division manager, She is considering producing either 180,000 or 240,000 units during the period. Other information is as follows: Prepare an absorption-costing income statement, with one column showing the results if 180.000 units are produced and one cokumn shawing the results if 240,000 units are produced. Prepare a variable-costing income statement, with one colamn showing the reu/ts if 180000 units are predigeed and onst celumn thowing the reults if 2.40,000 units are produced
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