explain the statement The central issue in variable costing is timing? under absorption costing in what way
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Question:
- explain the statement "The central issue in variable costing is timing"?
- under absorption costing in what way can we increase the net operating income without increasing sales?
- if production exceeds sales, which method would you expect to show the higher net operating income, variableor absorption costing? why?
Expert Answer:
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1 The central issue in variable costing is timing Variable costing focuses on categorizing costs based on their behavior distinguishing between variab... View the full answer
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