Wich of the following statements is true? The absorption costing approuch to cost-plus pncing will result in atraining the company's requirod rate of return only if forecasted unit sales are reolized. Vartable solling and administrative costs are excluded from the cost base used to set a selling price under the absorption approach to cost plus pricing described in the text. The markup over cost under the absorption corting approach would decrease if the urit product cost increases, holding overytuing elre constant In the absorption approach to cost phus pricing, the anticipated markup in dollars is equal to the anticlpated profit. Muraple Choke Eoth statements 1 and 2 are true. Eoth statements 2 , and 3 are true Satement t2 and 3 zre true. Al of the gtatements ane trut