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Trez Company began operations this year. During this year, the company produced 1 0 0 , 0 0 0 units and sold 8 0 ,

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Trez Company began operations this year. During this year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for this year follows.
\table[[Income Statement (Absorption Costing),],[Sales units $50 per unit),4,000,000
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