Question: The formula to convert income from variable to absorption costing is: income under variable costing plus variable overhead in ending finished goods inventory minus variable

The formula to convert income from variable to absorption costing is:
income under variable costing plus variable overhead in ending finished goods inventory minus variable overhead in be-
ginning finished goods inventory.
income under variable costing plus fixed overhead in ending finished goods inventory minus fixed overhead in beginning
finished goods inventory.
income under variable costing plus fixed overhead in beginning finished goods inventory minus fixed overhead in ending
finished goods inventory.
The formula to convert income from variable to absorption costing is:

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