Question 8 (1 point) Which of the following is true regarding variable costing? It is allowed by GAAP for external reporting purposes. It treats fixed MOH costs as period costs, rather than inventoriable product costs. It is allowed by the IRS for tax preparation. It treats variable MOH costs as period costs, rather than inventoriable produ costs. Question 9 (1 point) Stella sold 2,600 units at a price of $18 each last month. The total direct material cost per unit produced is $4. Fixed manufacturing overhead cost totaled $18,000 Commission to the salesperson was 10% of the sales revenue. What is the contribution margin for Stella? 36400 O 46800 O 31720 13720 Question 10 (1 point) Absorption costing is the costing method where products absorb both fixed and variable manufacturing costs. True False