Which of the following statements is false? a. absorption costing allocates fixed manufacturing overhead to actual units produced during the period. b. nonmanufacturing costs are expensed in the future under variable costing. c. fixed manufacturing costs in ending inventory are expensed in the future under absorption costing. d. operating income under absorption costing is higher than operating income under variable costing when production units exceed sales units.

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?