Why is income under absorption costing higher (lower) than under variable costing in years when production exceeds

Question:

Why is income under absorption costing higher (lower) than under variable costing in years when production exceeds (is below) sales?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Cost Accounting Traditions and Innovations

ISBN: 978-0324026450

4th edition

Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael

Question Posted: