Business, 06.11.2019 01:31 LilyFlower227
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
Answers: 1
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Variable and absorption costing-service company jensen's tailoring provides custom tailoring service...
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