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In 2018 Parkston Company reported net operating income of $180,000 using absorption costing and $196,000 using variable costing. With this information we infer that: a)
In 2018 Parkston Company reported net operating income of $180,000 using absorption costing and $196,000 using variable costing. With this information we infer that: a) Units sold exceeded units produced b) There was no beginning inventory c) Units produced exceeded units sold d) Units produced and sold were equal
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