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Over an extended period of time in which the final ending inventories are zero, the accumulated net operating income figures reported under

Over an extended period of time in which the final ending inventories are zero, the accumulated net operating income figures reported under absorption costing will be
greater than those reported under variable costing.
less than those reported under variable costing.
the same as those reported under variable costing.
higher or lower since no generalisation can be made.

This question was asked on May 01, 2010.

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