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The following contains information about April's production for Cabinera, Incorporated. Required: 1. Prepare a Traditional Income Statement (Absorption Costing). 2. Prepare a Contribution Format Income
The following contains information about April's production for Cabinera, Incorporated. Required: 1. Prepare a Traditional Income Statement (Absorption Costing). 2. Prepare a Contribution Format Income Statement (Variable Costing). A Cabinera, Incorporated Traditional Format income Statement For the Month Ended April 30, 20XX 21 Sales 22 Fixed Overhead 652,0004,050,000 26 Cost of Goods Sold 27 Direct Materials 28 Direct Labor 29 Variable Overhead 30 Total Period Costs 31 Net Operating income 3232 Cabinera, Incorporated Variable Costing Income Statement
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