2. Discount Tires has this information for its manufacturing: Its income statement under...

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Accounting

2. Discount Tires has this information for its manufacturing:
Its income statement under absorption costing is:
a. Prepare an income statement for the month ending January 31,2024 according to the variable costing concept.
b. If Discount Tires reduced its inventories during the period, what impact would that have on the income from operations determined under absorption costing?
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