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When monthly production volume is constant and sales volume is less than production, net income determined with variable costing procedures will: Always be greater than
When monthly production volume is constant and sales volume is less than production, net income determined with variable costing procedures will:
Always be greater than net income determined using absorption costing | |
Always be less than net income determined using absorption costing | |
Be equal to net income determined using absorption costing | |
Be equal to contribution margin per unit times units sold |
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