Question: 2. In Year 4, the company's variable costing net operating income was $243,300 and its absorption costing net operating income was $273,000. a. Did inventories



2. In Year 4, the company's variable costing net operating income was $243,300 and its absorption costing net operating income was $273,000. a. Did inventories increase or decrease during Year 4? Decrease Increase b. How much fixed manufacturing overhead cost was deferred in or released from inventory during Year 4? Fixed manufacturing overhead cost inventory during Year 4
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