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USPshnik [31]
3 years ago
11

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)$150,000
Tailoring costs (550 jobs)
Direct labor70,500
Manufacturing overhead
Variable18,000
Fixed13,500
Operating expenses
Variable8,400
Fixed8,700

Required:
Prepare an income statement based on full absorption costing
Business
1 answer:
loris [4]3 years ago
5 0

Answer:

124

Explanation:

Yes

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