Question: 5-2-3 3. Reconcile the variable costing and absorption costing net operating income (loss) figures Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes July

5-2-3

5-2-3 3. Reconcile the variable costing and absorption costing net operating income

(loss) figures Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes

3. Reconcile the variable costing and absorption costing net operating income (loss) figures Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes July August Variable costing net operating income (loss) Add (deduct) fixed manufacturing overhead cost deferred in (released from) inventory under absorption costing Absorption costing net operating income (loss)

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