How many units produced during the second quarter

Reference no: EM13162983

Assume that the company had introduced Lean Production at the beginning of the second quarter, resulting in zero ending inventory

a. How many units would have been produced during the second quarter under Lean Production?

b. Starting with the third quarter, would you aspect any difference between the net operating incomes reported under absorption costing and under variable costing? Explain why the would or would not be any difference.

Reference no: EM13162983

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