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Question 18 (1 point) To reconcile income, you can either calculate it as: Absorption costing = variable costing plus or less the change in inventory

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Question 18 (1 point) To reconcile income, you can either calculate it as: Absorption costing = variable costing plus or less the change in inventory from beginning to the end of the period multiplied by the FMOH rate Or Absorption costing = variable costing plus (less) FMOH deferred (released) True False

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