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Use the following information to prepare an income statement under absorption costing according to the format indicated below. moon Margin of safety $ 15.0 Variable

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Use the following information to prepare an income statement under absorption costing according to the format indicated below. moon Margin of safety $ 15.0 Variable cost ratio Sales {revenue} $ ______________ - Cost of goods sold $ ______________ _ Gross margin $ ______________ - selling, general. administrative expenses $ ______________ _ Operating income $ ______________ - Provide answers in questions boxes below. Be not use $ sign. EXAMPLE: 100 NOT $100

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