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Calculate the below to the nearest dollar: 11) If you prepared an absorption costing income statement, Operating Income would be _____. 1) If you prepared
Calculate the below to the nearest dollar:
11) If you prepared an absorption costing income statement, Operating Income would be _____.
1) If you prepared a variable costing income statement Operating Income would be (higher, lower, same)?
2) If you prepared a variable costing income statement Operating Income differ from your answer in 11) above by how
much?
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