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Variable and Absorption Costing - Three Products Fleet - of - Foot Inc. manufactures and sells three types of shoes. The income statements prepared under
Variable and Absorption CostingThree Products
FleetofFoot Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for the three shoes are as follows:
FleetofFoot Inc.
Product Income StatementsAbsorption Costing
For the Year Ended December
tableFor the Year Ended December RevenuesCross Training Shoes,Golf Shoes,Running ShoesCost of goods sold,
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