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Which of the following statements regarding service companies is true? a. Service companies use only absorption costing to allocate fixed costs. b. Service companies report

Which of the following statements regarding service companies is true? a. Service companies use only absorption costing to allocate fixed costs. b. Service companies report finished goods inventory on their variable costing income statements. c. Service companies report manufacturing margin. d. A contribution margin report can be used to analyze and evaluate market segments

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