Question: Why would the difference between incomecomputed under full costing and income computed under variable costing be relatively small if a company used a JIT inventory

  1. Why would the difference between incomecomputed under full costing and income computed under variable costing be relatively small if a company used a JIT inventory management system? Please explain it by Cost-Volume-Profit Analysis and Variable Costing topics. Also please include 1 reference used for it.

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