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Compare and contrast the difference between variable and full costing. Describe why income calculated under full absorption costing will be greater than income calculated under

Compare and contrast the difference between variable and full costing.
Describe why income calculated under full absorption costing will be greater than income calculated under variable costing when production exceeds sales.
Explain how a manufacturing company can "bury" fixed manufacturing costs in ending inventory under full absorption costing.

***IT DOES NOT HAVE TO BE LONG**

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