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For short-term pricing decisions, absorption costing is an appropriate costing method to use. True or False False When the number of units produced is equal to the number of units sold, net income reported under variable costing is identical to net income reported under absorption costing. True or False True False The absorption costing approach assigns all manufacturing costs to products. True or False True False Under absorption costing, fixed manufacturing overhead is expensed at the time the units are produced. Under variable costing, fixed manufacturing overhead is expensed at the time the units are sold. True or False True False