please answer the following 3 multiple choice question from managerial accounting funds.

2. Which of the following is a disadvantage of using variable costing?

A) Inventory values tend to be overstated.

B) Two sets of accounting records must be maintained.

C) CVP relationships are more difficult to determine than under absorption costing.

D) Per-customer or per-product contribution margin is obscured.

E) All of the above

4. Which of the following costs would be considered relevant when deciding between two products to produce?

A) Level of direct materials required

B) Additional investment in factory equipment for one product

C) Amount of additional direct and indirect labor

D) The opportunity cost associated with one or the other product

E) All of the above

14, If the unit level of inventory increases during an accounting period, then

a. less operating income will be reported under the absorption costing than variable costing.

b. more operating income will be reported under the absorption costing than variable costing.

c. operating income will be the same under absorption costing and variable costing.

d. the exact effect on operating income cannot be determined.