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Which of the following statements is true? When production exceeds sales, a manufacturing company's variable costing net operating income will usually be greater than its
Which of the following statements is true? When production exceeds sales, a manufacturing company's variable costing net operating income will usually be greater than its absorption costing net operating income. The variable costing method is usually not used for external reporting purposes. The absorption costing method treats fixed production costs as period costs. All of these
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