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2. In comparing Variable Costing and Absorption Costing, address each of the following: a. Which method produces the highest net income if production equals sales?

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2. In comparing Variable Costing and Absorption Costing, address each of the following: a. Which method produces the highest net income if production equals sales? Explain your answer. b. Which method produces the highest net income if production is greater than sales? Explain why there is a difference

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