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Pacific Sports, Inc. makes surf boards. Following are inventory and cost figures relative to the year ended June 30 2013: Compute the operating income using
Pacific Sports, Inc. makes surf boards. Following are inventory and cost figures relative to the year ended June 30 2013: Compute the operating income using the absorption method. Compute the operating income using the variable costing method. Reconcile the difference. Why might a company choose to use variable costing for management purposes
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