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Skysong Corporation had sales of $3,080,000 for the year ended December 31, 2022. The unit selling price was $14. In making the sales, the company
Skysong Corporation had sales of $3,080,000 for the year ended December 31, 2022. The unit selling price was $14. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $548,000 $800,000 Selling expenses 117,000 54,000 Administrative expenses 259,000 78,000 Prepare a GAAP income statement. SKYSONG CORPORATION GAAP Income Statement + Sales ta $ Total Operating Expenses ta 4 tA $
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