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Requirement 3. Explain the differences in operating incomes obtained in requirements 1 and 2. ...

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Accounting

Requirement 3. Explain the differences in operating incomes obtained in requirements 1 and 2.
The difference in operating income under absorption costing and variable costing is
. The 2020 operating income
under absorption costing is
than the operating income under variable costing
As a result, under
costing, a portion of the
overhead remained in inventory and led to a
cost of goods sold than under the other method.
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