Mariah Jachimowicz 3/19/17 6:31 PM Submit Tes of 5 This Test: 63 pts possib Requirements 1. Will the company's operating income under variable costing be higher, lower, or the same as its operating income under absorption costing? Why? 2. Project the company's operating income under variable costing without preparing a variable costing income statement. 3. Prepare a variable costing income statement for the year. ting income under absorption costing? Why? ng. This is because under absorption costing, some of come statement. nts to calculate the difference in operating income