Question: Income _ _ _ _ _ _ _ _ _ _ blank when there is zero beginning inventory and all inventory units produced are sold.

Income __________blank when there is zero beginning inventory and all inventory units produced are sold.
Multiple Choice
Will be lower under variable costing than absorption costing
Will be the same under both variable and absorption costing
Will be higher under variable costing than absorption costing
Will be higher than gross profit under variable costing
Will be lower than administrative costs under absorption costing

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