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Which of the following statements is true concerning income if production exceeds units sold? A higher operating income will result under a variable costing income
Which of the following statements is true concerning income if production exceeds units sold? A higher operating income will result under a variable costing income statement. A lower operating income will result under an absorption costing income statement. A higher operating income will result under an absorption costing income statement. The same operating income will result under both a variable costing and absorption costing income statement.
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