Which absorption costing is required to be used for

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Reference no: EM133001108

Problem 1: Absorption costing is required to be used for

Group of answer choices

Option 1: external financial reports, but not income taxes.

Option 2: federal income tax reports.

Option 3: neither external financial reports nor income tax reports.

Option 4: both external financial reports and income tax reports.

Reference no: EM133001108

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