n4 Consider the following comments about absorption and variable-costing income statements: ed Out of 2.0 question 1. A variable-costing income statement discloses a firm's gross margin. 11. Cost of goods sold on an absorption-costing income statement includes fixed costs. III. The amount of variable selling and administrative cost is the same on absorption and variable-costing income statements Which of the above statements is (are) true? Select one: O a. I only O b. ll only. OC I and II. O d. II and III. O e II, and