accounting

Absorption costing and variable costing net operating income will be equal when:

there is no beginning and no ending inventory the number of units produced equals the number of units sold

Which of the following statements are true? Variable costing income plus manufacturing overhead deferred in inventories equals absorption costing income. Variable costing income plus manufacturing overhead released from inventories equals absorption costing income. Variable costing income less manufacturing overhead released from inventories equals absorption costing income. Variable costing income less manufacturing overhead deferred in inventories equals absorption costing income.

Variable costing income plus manufacturing overhead deferred in inventories equals absorption costing income. Variable costing income less manufacturing overhead released from inventories equals absorption costing income.

When variable manufacturing costs per unit are stable, changes in inventories affect ......................costing net operating income.

absorption

On an absorption costing income statement, selling and administrative expenses:

are reported as a single amount equal the amounts reported on a variable costing income statement