Which of the following statements is incorrect: Multiple Choice Under absorption costing, the product cost can change from year to year if the number of units produced changes. The costs assigned to units in inventory are typically lower under variable costing than under absorption costing. Because variable costing emphasizes costs by behavior, it works well with a contribution margin income statement. Under variable costing, fixed manufacturing overhead is not used in the calculation of net income.

Which of the following statements is incorrect: Muitiple Choice Under absorption costing, the product cost can change from year to year if the number of units produced changes The costs assigned to units in inventory are typically lower under variable costing than under absorption costing Because variable costing emphasizes costs by behavior, it works well with a contribution margin income statement. Under variable costing, fixed manufacturing overhead is not used in the calculation of net income