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Which of the following statements is true? a. Variable costing income exceeds absorption costing income...

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Accounting

Which of the following statements is true? a. Variable costing income exceeds absorption costing income when units produced exceed units sold. b. Absorption costing income exceeds variable costing income when units produced and sold are equal. c. Absorption costing income exceeds variable costing income when units produced are greater than units sold. d. Absorption costing income exceeds variable costing income when units produced are less than units sold.

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