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Which of the following statements is true? a . If production is greater than sales, the absorption - costing income is less than the variable
Which of the following statements is true?
a If production is greater than sales, the absorptioncosting income is less than the variablecosting income.
b Production and sales levels do not affect the absorptioncosting income and the variablecosting income.
c If production is greater than sales, the absorptioncosting income is greater than the variablecosting income.
d If production is less than sales, the absorptioncosting income is equal to the variablecosting income.
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