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Variable and Absorption Costing-Service Company Jensen's Tailoring provides custom tailoring services. After the company's first year of operations, its owner prepared the following summarized data

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Variable and Absorption Costing-Service Company Jensen's Tailoring provides custom tailoring services. After the company's first year of operations, its owner prepared the following summarized data report for 2016: Sales (500 completed jobs) Tailoring costs(550 jobs) Direct labor Manufacturing overhead $100,000 47,000 Variable 12,000 Fixed 9,000 Operating expenses Variable 5,600 Fixed 5,800

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