When reconciling variable costing and absorption costing net operating income, fixed overhead costs deferred in inventory under absorption costing should be deducted from variable costing net operating income to arrive at the absorption costing net operating income. S2: When the number of units in inventories decrease between the beginning and end of the period, net operating income under absorption costing will typically be greater than under variable costing.     a. both are true b. both are false c. S1 is true d. S2 is true

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Q: 1. The total variable costs charged to expense for the year, assuming that NUBD uses variable…

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Q: ?Which of the following statements is false Activity-based costing typically provides less…

A: In order to solve in this question, we need to analyse the given statement one-by-one.

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Q: variable costing

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Q: Product costs under variable costing are typically: Group of answer choices A. higher than under…

A:

Q: Variable selling expenses are a. Product costs under variable costing but period costs under…

A: Hi student Since there are multiple questions, we will answer only first question.

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A: Solution:- Discussions of above statements as follows under:-

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Q: 7. Under variable costing, which of the following costs are assigned to inventory? Variable Selling…

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Q: This best accounts for the difference in profit between the absorption and variable costing *…

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