Income statement under absorption costing

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Reference no: EM13980780

Slams Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each racket was sold at a price of $90. Fixed overhead costs are $78,000 and fixed selling and administrative costs are $65,200. The company also reports the following per unit costs for the year

Prepare an income statement under absorption costing:

Reference no: EM13980780

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