Help $104,580 $56,080 QUESTION 5 At the end of the accounting period, Armstrong Corporation reports operating income of $30,000. Which of the following statements is true, if Armstrong's inventory levels decrease during the accounting period? Variable costing will report less operating income than absorption costing. Absorption costing will report less operating income than variable costing, Variable costing and absorption costing will report the same operating income since the cost of goods sold is the same. Variable costing and absorption costing will report the same operating income since the total costs are the same. QUESTION 6 Freetown Corporation incurred fixed manufacturing costs of $26,000 during 2017. Other information for 2017 includes Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ansv