Question: 1. Differences in operating income between variable costing and absorption costing are due solely to accounting for fixed costs. Do you agree? Explain. 2. The
1. Differences in operating income between variable costing and absorption costing are due solely to accounting for fixed costs. Do you agree? Explain. 2. The difference between the absorption costing profit and the variable costing profit decreases when the period that is taken into consideration increases. Do you agree? Why? 3. Why do sales and administrative costs not influence the difference between absorption costing and direct costing
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