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Problem - Variable Costing-Production Exceeds Sales

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Problem - Variable Costing-Production Exceeds Sales

Fixed manufacturing costs are $60 per unit, and variable manufacturing costs are $110 per unit. Production was 320,000 units, while sales were 288,000 units.

Required -

(a) Determine whether variable costing income from operations is less than or greater than absorption costing income from operations.

(b) Determine the difference in variable costing and absorption costing income from operations.

Reference no: EM132685803

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