Q> A company using lean production methods likely would show

approximately the same net operating income under both absorption and

variable costing because:

A) ending inventory would be valued in the same manner for both methods

under lean production.

B) production is geared to sales under lean production and thus there would be

little or no ending inventory.

C) under lean production fixed manufacturing overhead costs are charged to the

period incurred rather than to the product produced.

D) there is no distinction made under lean production between fixed and

variable costs.

E) None of the above