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Variable Costing Profit for the Period 1st July Through 30th

Question 11

Multiple Choice

Variable costing profit for the period 1st July through 30th September was $400. Inventory data are as follows: Variable costing profit for the period 1<sup>st</sup> July through 30<sup>th</sup> September was $400. Inventory data are as follows: What is the profit if absorption costing is used? A) $300 B) $500 C) $400 D) $600 What is the profit if absorption costing is used?


A) $300
B) $500
C) $400
D) $600

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