Tim Samson is$$ concerned: He notes that despite an increase in sales over

$2019,2020$ operating income has actually declined under absorption costing. Explain how this occurred.

Under absorption$$ costing, operating income is a function of

$$

During $2020,$ Fielding experienced a $$

large decrease

large increase

no change

in inventory levels as a result of

$$

a new machine being purchased that did not work properly.

decreased production.

increased production.

units shipped out due to a product recall.

The end result was that much of

$$

$$