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A Co's budgeted and actual data for a year is shown in the following table. Fixed production overheads are absorbed on a per unit basis. Why did under/over absorption occur during the year? A The company sold fewer units than it produced. B The company sold fewer units than it produced and spent less than expected on fixed overheads. C The company produced fewer units than expected. D The company produced fewer units than expected and spent less on fixed overheads. |