Can somebody check my work on the variable costing income statement in the screenshot attached?
Summarized data for 2019 (the first year of operations) for Gorman Products, In. are as follows
Problem
b) Prepare an income statement based on variable costing
Extracted text: Analysis of differential revenues and costs -- special order a include the formula here Increased revenue Differential costs: Selling: Per unit variable cost Units in special order Total variable costs Fixed cost increment: Total volume required by special order Extra volume Extra cost Profit/(loss) on special order b C
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