Overview of Variable and Absorption Costing – LO 6-1

Managerial Accounting

Garrison, Noreen, and Brewer

17th Edition

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  1. The difference between absorption costing operating income and variable costing operating income is explained by what.
  2. Absorption costing income statements are known to ignore what.
  3. When number of units produced is greater than number of units sold, variable costing net operating income will be what.

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