4. value: 3.75 points Required information 2. In Year...
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Accounting
4.
value: 3.75 points
Required information
| 2. | In Year 4, the companys variable costing net operating income was $257,600 and its absorption costing net operating income was $277,600. |
| a. | Did inventories increase or decrease during Year 4? | ||||
|
| b. | How much fixed manufacturing overhead cost was deferred in or released from inventory during Year 4? |
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