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Which of the following statements is CORRECT? Select one o a The difference between absorption costing and variable costing is that overhead is a product

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Which of the following statements is CORRECT? Select one o a The difference between absorption costing and variable costing is that overhead is a product cost in absorption costing but a period cost in variable costing b About 40% of companies create their published income statements using the contribution margin format. c f a company pays a variable-cost sales commission, then Manufacturing Margin is less than Contribution Margin. d At the point of indfference, variable costing net income is equal to absorption costing net income page ous activity 8

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