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Munn Bicycle Company manufactures bicycles specifically for college campuses. The bicycles sell for $100 and are very sturdy, with built-in saddlebags on the rear designed to carry backpacks. Selected data for last year's operations are as follows: Required: Hide A. Prepare income statement using variable costing method. Prepare an income statement using the Absorption costing method. Enter all amounts as positive numbers.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9798557

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