Solved: If production is greater than sales how does absorption, Cost Accounting

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If production is greater than sales how does absorption

1. If production equals sales, what, if any, is the difference between net income under absorption costing versus under variable costing?

2. If production is greater than sales, how does absorption costing net income differ from variable costing net income?

3. In the long run, will net income be higher or lower under variable costing compared to absorption costing?

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Cost Accounting: If production is greater than sales how does absorption

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Cost Accounting: If production is greater than sales how does absorption

Reference No:- TGS01182210

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