Question: How do product costs differ between variable costing and absorption costing? Compare and contrast the variable costing income statement with a traditional ( absorption costing

How do product costs differ between variable costing and absorption costing?
Compare and contrast the variable costing income statement with a traditional (absorption costing) income statement.
Can the use of absorption costing allow a buildup of inventory? Explain.
What are some advantages of building inventory (see the Under Armour case)? What are some disadvantages?

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