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Start Me Up Incorporated manufactures a caffeinated energy drink that sells for $5.00 each. The results for its first year of operations appear in the
Start Me Up Incorporated manufactures a caffeinated energy drink that sells for $5.00 each. The results for its first year of operations appear in the table below: Required: 1. Compute the operating income for the first year under full costing. 2. Compute the operating income for the first year under variable costing. (For all requirements, do not round intermediate calculations.)
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