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this answers has 3 parts if you can help me i would greatly appreciate it. i listed all the requirements. In May, Limonade produced 16,000
this answers has 3 parts if you can help me i would greatly appreciate it. i listed all the requirements. In May, Limonade produced 16,000 casos of powdered drink max and sold 19,000 cases, of which 3,000 were produced in ApriL. The total April production was 24,000 , The sales price was $26. Umonade's May income statement using varlable costing follows (Clck the icon to view the variable costing income statement) Read the regurements. Requirement 1. Prepare the May incorre statement using atsorption costing. Limonade's May incone statamient using variable costrog follows (Cick the icon ta view the variatile costing income statement). Read the reaulrectents. Requirement t. Prepare the Nay hoome statement using absorption costing Requirement 1. Prepare the May income statement using absorption costing. Limonade's May incoene statement using varlable costing folown: (Cick the icon to view the variatile cosing income statement) Fead the recuiremests: Requirement 1. Prepare the May inceme statement using absecpten eosting Reference Requirements 1. Prepare the May income statement using absorption costing. 2. Is operating income using absorption costing higher or lower than variable costing income? Explain why. 3. Determine the balance in Finished Goods Inventory as of May 31. Ik mix and sold 19,000 cases, of which 3,000 were selling and administrative), and total fixed costs we Jllows: ament.) absorption costing
this answers has 3 parts if you can help me i would greatly appreciate it. i listed all the requirements.
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