Elance Exams Answers PDF file

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if ending inventory under absorption costing is 2500, and under variable costing is 1000 what is the difference between the profit under variable costing and absorption costing?

The profit under absorption costing will be lower 1500 from variable costing
The profit under variable costing will be same
The profit under absorption costing will be higher 1500 from variable costing
The profit under variable costing will be higher 1500 from absorption costing
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