Generally accepted accounting principles require this method for external reporting. Both Variable and Absorption Costing None of the above Absorption Costing Variable Costing Both Absorption and Variable Costing none of the above Absorption Costing Variable Costing Variable SG\&A is treated as a period cost. Variable Costing Absorption Costing Dependes on the situation Both Variable and Absorption Costing The cost assigned to ending inventory would be less under which method? Absorption Costing Both Absorption and Variable Costing None of the above Variable Costing Increases in inventory will cause income to be higher under which method? Variable Costing Absorption Costing None of the above Both Absorption Costing and Variable Costing Results in a measurable value known as "gross profit." Both Variable and Absorption Costing Absorption Costing Conversion Costing Variable Costing Results in a measurable value known as "contribution margin." Absorption Costing Both Variable and Absorption Costing Variable Costing Conversion Costing Factory depreciation is allocated to inventory. Absorption Costing Variable Costing Both Variable and Absorption Costing Segment Costing Variable factory overhead is allocated to inventory. Both Absorption and Variable Costing Variable Costing Absorption Costing None of the above