If the number of units produced is greater than the number of units sold, what happens to the fixed overhead associated with production under full absorption costing?

Group of answer choices

All of the fixed overhead is expensed on the income statement in the period in which it occurs.

All of the fixed overhead incurred during the period is expensed on the income statement as part of COGS.

Some of the fixed overhead incurred during the period is on the balance sheet as part of ending inventory balance.