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Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for follows. 1. Prepare an income statement

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Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for follows. 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing

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