Which of the following equations will reconcile the difference between absorption and variable costing? Income reported under variable costing + Fixed manufacturing costs in ending inventory - Fixed manufacturing costs in beginning inventory = Income reported under absorption costing Income reported under variable costing - Total selling and administrative costs + Fixed manufacturing costs = Income reported under absorption costing Income reported under absorption costing - Total variable manufacturing costs = Income reported under variable costing Income reported under absorption costing - Fixed manufacturing costs + Total selling and administrative costs = income reported under variable costing Income reported under absorption costing + Fixed manufacturing costs in ending inventory - Fixed manufacturing costs in beginning inventory = Income reported under variable costing