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When production is greater than sales, the operating income will be higher under absorption costing than variable costing. Assume zero beginning and ending inventories. Which
When production is greater than sales, the operating income will be higher under absorption costing than variable costing. Assume zero beginning and ending inventories. Which of the following gives the correct reason for the above statement? Question content area bottom Part 1 A. Fixed manufacturing costs have not been considered when calculating the operating profits. B. A portion of the fixed manufacturing overhead is still in the ending Finished Goods Inventory account under absorption costing. C. All
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