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Net income computed under absorption costing will be: a equal to net income under variable...

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Accounting

Net income computed under absorption costing will be:

a equal to net income under variable costing in all cases.

b higher than net income under variable costing when units produced are less than units sold.

c higher than net income under variable costing when units produced are greater than units sold.

d higher than net income under variable costing in all cases.

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