In absorption costing, all nonmanufacturing costs are subtracted from gross margin. Select one: O True O False Period-to-period changes in operating income under absorption costing are driven by variations in both the unit level of sales and the unit level of production. Select one: O True O False Both ASPE/IFRS and the CRA accept practical capacity for external reporting purposes. Select one: O True O False utilization is an average that provides no meaningful feedback to the marketing manager for a particular year. O a. Planned unused capacity O b. Normal capacity Oc. Practical capacity O d. Master-budget capacity O e. Flexible budget capacity (C