Variable costingproduction exceeds sales OBJ. 1 Fixed manufacturing costs are $60 per unit, and variable manufacturing costs

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Variable costing—production exceeds sales OBJ. 1 Fixed manufacturing costs are $60 per unit, and variable manufacturing costs are

$150 per unit. Production was 453,000 units, while sales were 426,000 units. Determine

(a) whether variable costing income from operations is less than or greater than absorption costing income from operations, and

(b) the difference in variable costing and absorption costing income from operations.

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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