13. Consider the following statements: 1. Under Variable Costing Fixed manufacturing costs are treated as a PRODUCT expense. II. A company produces more than it sells during the period. If the company uses Absorption Costing its profit generally will be larger than if the company uses Variable Costing a. I is true; II is true b. I is true; II is false c. I is false; is true d. I is false; I1 is false