During a year in which the number of units manu factured exceeded the number of units sold,

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During a year in which the number of units manu¬ factured exceeded the number of units sold, the in¬ come from operations reported under the absorption costing concept would be:

A. larger than the income from operations reported under the variable costing concept.

B. smaller than the income from operations reported under the variable costing concept.

C. the same as the income from operations reported under the variable costing concept.

D. none of the above.

AppendixLO1

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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