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    Managerial Accounting Study Set 22
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    Exam 5: Variable Costing
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    Under Variable Costing, Ending Inventory Reported on a Company's Balance
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Under Variable Costing, Ending Inventory Reported on a Company's Balance

Question 56

Question 56

True/False

Under variable costing, ending inventory reported on a company's balance sheet includes variable production costs and variable selling and administrative costs.

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