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Managerial Accounting
A) if the production exceeds sales, which method would you expect to show the higher operation income, variable costing or absorption costing? why ?
B) if fixed manufacturing overhead costs are released from inventory under absorption costing, what does this tell you about the level of production in relation to the level of sales?
c)benefits for using variable income statement over the absorption approach
d)understanding the reconciliation between variable and absorption costing
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