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The tollowing information related to Success Ltd and to a new product that has been produced at the commencement of the period just completed: kequirea

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The tollowing information related to Success Ltd and to a new product that has been produced at the commencement of the period just completed: kequirea (a) Prepare income statements for the period under absorption and marginal bases. (b) Reconcile the resulting profits/losses. The answer is provided in Appendix A7

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