Philpott's operating income using absorption costing is $100. Its inventories using both absorption and variable costing are as follows: Beginning of Year End of Year
Absorption costing $98 $86
Variable costing $76 $60
Under variable costing, operating income would be:

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The Answer of Philpott's operating income using absorption costing is $100. Its inventories using both absorption and variable costing are as follows: Beginning of Year End of Year
Absorption costing $98 $86
Variable costing $76 $60
Under variable costing, operating income would be:

Philpott's Operating Income Using Absorption Costing Is $100