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Etters Manufacturing Company has provided the following financial data for its most recent ...

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Etters Manufacturing Company has provided the following financial data for its most recent ...

Etters Manufacturing Company has provided the following financial data for its most recent month.

Unit selling price	$ 18
Variable costs per unit:
Direct materials	6
Direct labor	4
Manufacturing overhead	3
Selling and administrative costs	1
Fixed costs:
Manufacturing overhead	12,000
Selling and administrative costs	8,000

Units in beginning inventory	0
Units produced	10,000
Units sold	9,500

Required:

Prepare an income statement using a variable costing format.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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Correct

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