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x Data table y Print Done Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for See It for the year. Begin with the conventional (absorption costing) income statement. Now let's prepare the contribution margin (variable costing) income statement for See year. See It Contribution Margin (Variable Costing) Income Statement For the Year Ended December 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Fixed manufacturing overhead sold Fixed operating expenses Operating income.

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x Data table y Print Done Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for See It for the year. Begin with the conventional (absorption costing) income statement. Now let's prepare the contribution margin (variable costing) income statement for See year. See It Contribution Margin (Variable Costing) Income Statement For the Year Ended December 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Fixed manufacturing overhead sold Fixed operating expenses Operating income

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