QUESTION 27 Under absorption costing and variable costing, how are fixed manufacturing costs treated? b. Absorption Product Cost Product Cost Period Cost Period Cost Variable Product Cost Period Cost Product Cost Period Cost C. d. Ad B. b C.c D. a QUESTION 28 Net income under absorption costing is higher than net income under variable costing A. when units produced exceed units sold. B. when units produced equal units sold. C. regardless of the relationship between units produced and units sold. D. when units produced are less than units sold