Fixed manufacturing costs are $ 70 per unit, and variable manufacturing costs are $ 132 per unit.

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Fixed manufacturing costs are $ 70 per unit, and variable manufacturing costs are $ 132 per unit. Production was 384,000 units, while sales were 345,600 units. Determine
(a) Whether variable costing income from operations is less than or greater than absorption costing income from operations,
(b) The difference in variable costing and absorption costing income from operations.

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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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