When inventories decline, operating income under variable costing is a. lower than operating income under absorption costing.

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When inventories decline, operating income under variable costing is

a. lower than operating income under absorption costing.

b. the same as operating income under absorption costing.

c. higher than operating income under absorption costing.

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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Question Posted: May 21, 2024 05:02 AM

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When inventories decline, operating income under variable costing is a. lower than operating income under absorption costing.

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Managerial Accounting

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