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Fixed Costs Are $10 Per Unit and Variable Costs Are

Question 47

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Fixed costs are $10 per unit and variable costs are $25 per unit.Production was 13,000 units,while sales were 12,000 units.Determine (a)whether variable costing income from operations is less than or greater than absorption costing income from operations,and (b)the difference in variable costing and absorption costing income from operations.

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