Income statements under absorption costing and variable costing. Crazy mountain sports inc. assembles and sells...

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Accounting

Income statements under absorption costing and variable costing. Crazy mountain sports inc. assembles and sells snowmobile engines. The company began operations march 1 and operated at 100% capacity the first month. The following data summarizes the results for March. Sales (18,500 units) 2,220,000 direct materials 1,065,000 direct labor 11,200 variable factory overhead 256,800 fixed factory overhead 170,400 2,004,000. If required round interim per-unit calculations to the nearest cent. Prepare an income st

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