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Sunland Company uses a standard cost accounting system. During January, the company reported the following manufacturing variances: In addition, 7,200 units of product were sold

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Sunland Company uses a standard cost accounting system. During January, the company reported the following manufacturing variances: In addition, 7,200 units of product were sold at $10 per unit. Each unit sold had a standard cost of $7. Selling and administrative expenses were $7.200 for the month. Prepare an income statement for management for the month ended January 31. 2022

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