The fixed overhead expense recognized on an income statement was $100,000. The fixed overhead for the period

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The fixed overhead expense recognized on an income statement was $100,000. The fixed overhead for the period was $80,000. Was the income statement prepared using absorption costing or variable costing? Explain.

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Managerial Accounting

ISBN: 9780324376005

8th Edition

Authors: Don R. Hansen, Maryanne M. Mowen

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