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Cost Accounting Question: In which one of the following situations will ending inventory on the balance sheet computed under absorption costing be exactly equal to
Cost Accounting Question:
In which one of the following situations will ending inventory on the balance sheet computed under absorption costing be exactly equal to ending inventory computed under variable costing? | |
A. | When there is no fixed factory overhead cost. |
B. | When the number of units produced equals the number of units sold. |
C. | When there is no variable overhead cost. |
D. | When the denominator variance is zero. |
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