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Question 1 (2 points) Which of the following statements about absorption and variable costing is TRUE? O A) Absorption costing treats all of the fixed
Question 1 (2 points) Which of the following statements about absorption and variable costing is TRUE? O A) Absorption costing treats all of the fixed as period costs. B) When using absorption costing, the number of units produced determines the amount of fixed overhead allocated to each unit. C) Variable costing always results in a lower net income than absorption costing because variable costing treats all fixed costs as period costs. OD) If the number of units produced is greater than the number of units sold, variable costing will show a greater net income than absorption costing
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