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Find which is true under absorption costing

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Reference no: EM132719903

Problem 1: Which of the following is true under absorption costing?

a. Increases in operating income can be due to changes in inventory levels.

b. Decreases in operating income can be due to changes in inventory levels.

c. A portion of a finished goods inventory increase is due to the allocation of fixed manufacturing overhead to ending inventory.

d. All of these choices are correct.

Reference no: EM132719903

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