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Business, 29.01.2021 02:40 jeffffffff

Sales price per case (12 jars per case)$32.00 Direct Material cost per case$15.00 Direct Labor cost per case$ 6.00 Variable Manufacturing Overhead per case$ 3.00 Total Fixed Manufacturing Overhead costs for the year $90,000 Total Fixed selling and administrative costs for the year $20,000 Forecasted sales and production for the year are 30,000 cases. Prepare a traditional absorption income statement for the year using the data provided. Ignore income taxes.

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