Moving to another question will save this response. Question 3 Which of the following statements is true regarding variable costing? O It is a traditional costing approach. O Only manufacturing costs that change in total with changes in production level are included in product costs. O It is not permitted to be used for managerial reporting. O It treats overhead in the same manner as absorption costing O it makes it easier to manipulate earnings with changes in production levels. A Moving to another question will save this response