Question 16 For organizations that prepare their income statements using variable costing, fixed overhead is: a. not used in the income statement O b. included in the cost of inventory. Occombined with variable overhead and treated the same way. O d. not used to calculate contribution margin, but used to calculate operating income. O e used to calculate contribution margin. Question 17 The Manufacturing preparing the income statement for June using the shooting tomat, which of the words is very now O. Operating income would be fower if they used the variable costing format Ob Fixed production costs are considered product costs. Oc Operating income will equal variable costing income Od Variable settingepenses are considered a productos Two of the statements are true Pace Creation elle spectact for 373. Their variables per the food court 160,000, the stolen las neded to cuna prutube.00 290 24 500.000 DE $600.000 5000 come other