Which of the following conditions would cause absorption-costing income to be lower than variable-costing income?
A. Sales prices decreased.
B. Selling expenses increased.
C. Units sold equaled units produced.
D. Units sold exceeded units produced.
E. Units sold were less than units produced.
Answer: D
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a. Fiona. b. Gerri. c. Home State. d. none of the choices.
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