Identity which statement is not true in case of absorption costing. a. All costs are charged to the product. b. Relative profitability of product is based on contribution. C. All costs are not classified into fixed and variable. d. Finished stock is valued at total cost. Question 9 Not yet answered Marked out of 1.00 P Flag question The following information is derived from Fun & Game LLC financial statements. Annual usage of material is 1,000 units, average stock level is 1,400 units, re-order period is 6 - 10 weeks, minimum level is 800 units and normal rate of consumption is 150 units per week. Then calculate the re- order quantity. a. 1,000 units b. 400 units 1