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Hapsy Trals has the foliowing informatinn for its mahductirkg: Its income statervent under
absorption costing is: Prepare an inceme statement eich varixbic cogeing asd a recurciutien
atiteroent between both muchedi Prepare an income statement with variable costing and a
reconciliation statement between both methods. If an amount box does not require an entry, leave
it blank.

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