It is not possible to convert reports prepared using variable costing to absorption costing reports.

a. True

b. False

That statement is false.

IT is actually possible to do that with some reconciliation calculation because this two method only differ in when to acknowledge a certain expense.

In variable costing, m anufacturing overhead is incurred in the period that a product is produced, while in absorbtion cositng the cost will be divided into direct expense and indirect expense