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Which of the following is not a characteristic of variable costing for inventory? A) It is unacceptable for external reporting according to GAAP B) Fixed

Which of the following is not a characteristic of variable costing for inventory?

A) It is unacceptable for external reporting according to GAAP

B) Fixed overhead is deducted as a period expense

C) Income is higher under variable costing when production exceeds demand

D) Variable costing provides more relevant information for management decision-making

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