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Philpott's Operating Profit Using Absorption Costing Is $100

Question 52

Multiple Choice

Philpott's operating profit using absorption costing is $100. Its inventories using both absorption and variable costing are as follows: Philpott's operating profit using absorption costing is $100. Its inventories using both absorption and variable costing are as follows: Under variable costing, operating profit would be: A) $102 B) $94 C) $100 D) $96 Under variable costing, operating profit would be:


A) $102
B) $94
C) $100
D) $96

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