TB MC Qu$.6-19($Static$)$ A reason why absorption costing income $...$

A reason why absorption costing income statements are sometimes difficult to interpret is that:

they ignore inventory levels in determining cost of goods sold.

they include all fixed manufacturing overhead on the income statement each year as a period cost.

they shift portions of fixed manufacturing overhead from period to period according to changing levels of

inventories.

they omit variable expenses entirely in computing net operating income.