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    Business
  3. Study Set
    Cost Accounting Foundations and Evolutions
  4. Exam
    Exam 3: Predetermined Overhead Rates, Flexible Budgets, and Absorptionvariable Costing
  5. Question
    Temporary Profits That Result When Absorption Costing Is Used and Production
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Temporary Profits That Result When Absorption Costing Is Used and Production

Question 120

Question 120

Short Answer

Temporary profits that result when absorption costing is used and production exceeds sales are referred to as _________________________.

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