Taking the three years together, one would expect total net operating income to be:
A. the same under either absorption or variable costing.
B. higher under absorption costing than under variable costing.
C. lower under absorption costing than under variable costing.
D. none of these.
Answer:A
Taking the three years together, one would expect total net operating income to be:
A. the same under either absorption or variable costing. B. higher under absorption costing than under variable costing. C. lower under absorption costing than under variable costing. D. none of these.