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Which of the following costs are generally included in a calculation of operating income when using absorption costing? I. Fixed direct manufacturing costs II. Variable
Which of the following costs are generally included in a calculation of operating income when using absorption costing?
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A. | I, II, and III only. | ||||||||
B. | I, II, III, and IV. | ||||||||
C. | II and III only. | ||||||||
D. | I and IV only. |
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