Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Variable manufacturing costs $40 per shade Fixed manufacturing costs $113,300 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $251,000 Selling price $91 per shade Units produced 10,300 shades Units sold 8,560 shades Collapse question part (a) Prepare an income statement using absorption costing. ASIAN WINDOWS Income Statement Absorption Costing $ : : $ $
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