QUESTION 29 10 points Save AR When a firm's production is greater than its sales, the operating income will be higher under absorption costing than under variable costing because All costs incurred have been recognized as expenses 8. A portion of the current food manufacturing overhead is capitalized in the ending Finished Goods Inventory account under absorption costing Al selling and administrative expenses have been recorded as period costs D. Fixed manufacturing costs have not been considered when calculating the operating profits