Net income computed under absorption costing will be: (a) higher than net income under variable costing in

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Net income computed under absorption costing will be:

(a) higher than net income under variable costing in all cases.

(b) equal to net income under variable costing in all cases.

(c) higher than net income under variable costing when units produced are greater than units sold.

(d) higher than net income under variable costing when units produced are less than units sold.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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