Question: If the ending inventory is less than the beginning inventory, then: the exact effect on operating income cannot be determined less operating income will be
If the ending inventory is less than the beginning inventory, then:
the exact effect on operating income cannot be determined
less operating income will be reported under absorption costing than variable costing
more operating income will be reported under absorption costing than variable costing
operating income will be the same under absorption costing and variable costing
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