Whitney, Inc

question 74

Multiple Choice

Whitney, Inc., produces a single product. The following data pertain to one month's operations:
-For the month referred to above,net operating income under variable costing will be:

• A)higher than net operating income under absorption costing.
• B)lower than net operating income under absorption costing.
• C)the same as net operating income under absorption costing.
• D)The relation between variable costing and absorption costing net operating income cannot be determined.

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