Question: This is an example of operating income using the variable costing method: Sales $XXX Cost of Goods Sold ($XXX) Gross Profit $XXX Selling and Administrative

This is an example of operating income using the variable costing method:

Sales $XXX
Cost of Goods Sold ($XXX)
Gross Profit $XXX
Selling and Administrative Expenses ($XXX)
Operating Income $XXX

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True

False

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