rue or false Give answer of all with explanation
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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True or false
Give answer of all with explanation.
Transcribed Image Text:9. If the units produced exceed unit sales, variable costing will show a higher net
operating income than absorption costing.
10. Under both costing methods, selling and administrative expenses are treated
expensed on the income statement as incurred. e
11. Cost centers are commonly evaluated using the product segment margin.
12. For purposes of evaluating performance of a business units are classified as cost
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