Which of these items is considered a period cost in absorption costing? O A. Variable manufacturing overhead costs OB. Conversion costs OC.Fixed manufacturing overhead costs OD. Fixed selling and administrative costs QUESTION 25 Which of these items is shown as a separate item on an income statement under vanabie costing? O A. Cost of Goods Sold OB Gross Profit OC. Work-in-Process Inventory OD. Contribution Margin