Net profit under absorption costing may differ from net profit determined under direct costing. lop52 Is the

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Net profit under absorption costing may differ from net profit determined under direct costing. lop52 Is the difference calculated as a_ The quantity of all units in inventory times the relevant fixed cost per unit?

b The quantity of all units in inventory times the relevant variable cost per unit?

c The quantity of all units produced times the relevant fixed cost per unit?

d= The quantity of all units produced times the relevant variable cost per unit?

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Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

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