Business, 10.10.2019 18:00 aariannahnorwoo

Aces inc., a manufacturer of tennis rackets, began operations this year. the company produced 5,300 rackets and sold 4,200. each racket was sold at a price of $83. fixed overhead costs are $65,190, and fixed selling and administrative costs are $64,500. the company also reports the following per unit variable costs for the year: variable product costs $24.38variable selling and administrative expenses $1.38 prepare an income statement under absorption costing.

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Aces inc., a manufacturer of tennis rackets, began operations this year. the company produced 5,300...

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