In the Income Statement of a Manufacturing Business with Both

In the income statement of a manufacturing business with both variable and fixed overhead costs of production, if there are no beginning or ending inventories, comparing Absorption Costing to Variable Costing, which of the following statements is true?

A) Under Absorption Costing, cost of goods sold will be higher than under Variable Costing.
B) There will be no differences in cost of goods sold and net income between the two methods.
C) Under Absorption Costing, cost of goods sold will be higher and net income will be higher than under Variable Costing.
D) Under Variable Costing, cost of goods sold will be lower and net income will be higher than under Absorption Costing.