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The Carrying Value on the Balance Sheet of the Ending

Question 127

Multiple Choice

The carrying value on the balance sheet of the ending finished goods inventory under variable costing would be:


A) the same as under absorption costing
B) $1,500 less than under absorption costing
C) $2,000 higher than under absorption costing
D) $2,000 less than under absorption costing

Correct Answer:

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