O Varlable expenses and common fixed expenses. o variable expenses and traceable fixed expenses Question 19 5 pts 19. Net operating income reported under absorption costing will exceed net operating income reported under variable costing for a given period if o production equals sales for that period. o production exceeds sales for that period. o sales exceed production for that period, o the variable manufacturing overhead exceeds the fixed manufacturing overhead. 5 pts Question 20 20. Green Company manufactures a single product and has the following cost structure direct materials $ direct labor