Explain How Variable Costing Net Income Will Be Different Than

Essay

Explain how variable costing net income will be different than absorption costing net income under the following situations:?
(1) A company had no beginning or ending inventory. During the year, it produced and sold 10,000 units.?
(2) A company had no beginning inventory. During the year, it produced 10,000 units and sold 8,000 units.?
(3) A company had 2,000 units in beginning inventory. During the year, it produced 10,000 units and sold 12,000units.