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itshammertime itshammertime
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A year ago
Etters Manufacturing Company has provided the following financial data for its most recent month.

Unit selling price$      18
Variable costs per unit:
  Direct materials6
  Direct labor4
  Manufacturing overhead3
  Selling and administrative costs1
Fixed costs:
  Manufacturing overhead12,000
  Selling and administrative costs8,000
Units in beginning inventory0
Units produced10,000
Units sold9,500

Required:

Prepare an income statement using an absorption costing format.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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austsieraustsier
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A year ago
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