When There Is No Beginning Finished Goods Inventory and All

Multiple Choice

When there is no beginning Finished Goods Inventory and all the goods that are produced are sold,the operating income ________.

A) will be higher under absorption costing than variable costing
B) will be lower under absorption costing than variable costing
C) will be higher than the gross profit under variable costing
D) will be the same for both absorption costing and variable costing