The benefit cost ratio ed Select one: a. Utilizes the time value of money b. Does not utilize the time value of money Rock ledge LLC uses variable costing and absorption costing. In the absorption costing income statement, direct labor is a part of Select one: a. Cost of goods sold b. Administrative cost c. Both A and B d. Neither A nor B Redrock LLC uses variable costing and absorption costing. Using the absorption costing income statement, fixed selling expe are Select one: a. Inventoriable b. Not inventoriable