Image transcription textTrez Company began operations this year. During this year, the company produced 100,000 units and sold 80,000 units. The absor

Image transcription text

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Image transcription textTrez Company began operations this year. During this year, the company produced 100,000 units and sold 80,000 units. The absor
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Trez Company began operations this year. During this year, the company produced 100,000
units and sold 80,000 units. The absorption costing income statement for this year follows.
Income Statement (Absorption Costing) Sales (80,000 units x $50 per unit) $ 4,Show more
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Image transcription text

Required: Prepare an income statement for the company under variable
costing.
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