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Whitman Company Income Statement The company's selling and administratlve expenses consist of $285,000 per...

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Accounting

Whitman Company
Income Statement
The company's selling and administratlve expenses consist of $285,000 per year in fixed expenses and $5 per unit sold in varlab
expenses. The $23 unlt product cost glven above is computed as follows:
Direct materials
Required:
Redo the company's Income statement In the contribution format using varlable costing.
Reconcile any difference between the net operating Income on your varlable costing income statement and the net operating
Income on the absorption costing Income statement above.
Complete this question by entering your answers in the tabs below.
Required 1
Redo the company's income statement in the contribution format using variable costing.
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