In comparing the absorption and variable cost methods, when inventory increases over the period, variable net income will exceed absorption net income

In comparing the absorption and variable cost methods, only the absorption costing method may be used for external financial reporting

In comparing the absorption and variable cost methods, variable costing charges fixed manufacturing costs to the period they are incurred

In comparing the absorption and variable cost methods, the Admin fixed expenses are not included in inventory in either method

In comparing the absorption and variable cost methods, when actual production is larger than the budgeted level of production, absorption net income will exceed variable net income

In comparing the absorption and variable cost methods, the Marketing variable expenses are included in inventory in either method