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1.what is the difference between absorption costing and variable costing. How does each treat fixed manufacturing overhead? 2.When selling more than or less than the
1.what is the difference between absorption costing and variable costing. How does each treat fixed manufacturing overhead?
2.When selling more than or less than the number of units produced during the period, you will notice that the net income under each method differs; why is this? Please explain why the difference in net income exists. And what would be the benefit for using one method over the other.
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