Question: explain the statement The central issue in variable costing is timing? under absorption costing in what way can we increase the net operating income without

  1. explain the statement "The central issue in variable costing is timing"?
  2. under absorption costing in what way can we increase the net operating income without increasing sales?
  3. if production exceeds sales, which method would you expect to show the higher net operating income, variableor absorption costing? why?

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