Which of the following conditions would cause absorption-costing income to be lower than variable-costing income? Units sold exceeded units produced. Units sold equaled units produced. Units sold were less than units produced. Sales prices decreased. Selling expenses increased. Gourmet Restaurants has the following flexible-budget formula: Y = $13PH + $450,000 where PH is defined as process hours. Which of the following statements is (are) true? Gourmet has $450,000 of fixed costs. Each additional hour of process time is expected to cost Gourmet $13. Y would equal the amount shown as "total cost" in the company's flexible budget. Choices "A" and "B" are true. Choices "A," "B," and "C" are true