QUESTION 20 Absorption costing income is equal to variable costing income when Beginning inventory = Sales Ending inventory = Production Beginning inventory = Production Sales Production QUESTION 21 When you were preparing 2021 production budget of Company A, you noticed that required ending inventory (units) for all month were the same. You also noticed that beginning inventory (units) and ending inventory (units) of 2021 is also the same. What fact is true about production budget for 2021? Production and Sales budget for all months are equal Production budget for all months are equal but Sales budget for all months are not equal o Production budget for all months are equal Sales budget for all months are equal