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The Variable Costing Income Statement for Kilem Company for This

question 33

Essay

The variable costing income statement for Kilem Company for this year is as follows:
Selected data for this year concerning the operations of the company are as follows:
$The variable costing income statement for Kilem Company for this year is as follows: Selected data for this year concerning the operations of the company are as follows: Required: Prepare an absorption costing income statement for this year. \begin{array}{lr}\text { Beginning inventory } & -0 \text { - units } \\ \text { Units produced } & 8,000 \text { units }\\ \text { Manufacturing costs: } & \\ \text { Direct labour } & \$ 3.00 \text { per unit } \\ \text { Direct materials } & 1.40 \text { per unit } \\ \text { Variable overhead } & 1.60 \text { per unit } \end{array}$ Required: Prepare an absorption costing income statement for this year.
$\begin{array}{lr}\text { Beginning inventory } & -0 \text { - units } \\\text { Units produced } & 8,000 \text { units }\\\text { Manufacturing costs: } & \\\text { Direct labour } & \$ 3.00 \text { per unit } \\\text { Direct materials } & 1.40 \text { per unit } \\\text { Variable overhead } & 1.60 \text { per unit }\end{array}$

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Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Americanization Programs

Initiatives aimed at assimilating immigrants into American culture, often focusing on teaching the English language and American customs, values, and history.

Immigrant Women

Female individuals who have moved from their country of origin to another country to live, often facing distinct social and economic challenges.

Prohibition

A period in the United States from 1920 to 1933 during which the manufacture, transport, and sale of alcoholic beverages were banned nationwide by the 18th Amendment to the Constitution.