Trez company began operations this year during this first
Trez Company began operations this year. During this first year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for its first year of operations follows.
Selling and administrative expenses consist of $350,000 in annual fixed expenses and $2 per unit in variable selling and administrative expenses.
Prepare an income statement for the company under variable costing.
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trez company began operations this year during this first year the company produced 100000 units and sold 80000 units
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