Which of the Following Statements Is True Concerning Income If

question 209

Multiple Choice

Which of the following statements is true concerning income if production exceeds units sold?

• A)A higher operating income will result under a variable costing income statement.
• B)A lower operating income will result under an absorption costing income statement.
• C)A higher operating income will result under an absorption costing income statement.
• D)The same operating income will result under both a variable costing and absorption costing income statement.

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