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1. If production exceeds units sold, which of the following is true concerning income? A. A higher operating income will result under a direct costing
1. If production exceeds units sold, which of the following is true concerning income? A. A higher operating income will result under a direct costing income statement. B. A lower operating income will result under an absorption costing income statement. C. The same operating income will result under both a direct costing and absorption costing income statement. D. A higher operating income will result under an absorption costing income statement
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