2 20 points Costs Manufacturing costs Raw materials purchases Balance Sheet Raw Materials Inventory Direct materials used in production Work in Process Inventory Goods completed eBook Direct labor 17 Print Variable manufacturing overhead Fixed manufacturing overhead References 30s Nonmanufacturing costs Selling and administrative 0:00 / 5:20 Absorpti (cost of goods manufactured) Income Statement Finished Goods inventory Cost of Goods Sold Goods sold Variable costing Period Expenses 1x 1. Which of the following costs explains the difference between absorption and variable costing net operating incomes? Direct materials Fixed manufacturing overhead O Variable manufacturing overhead O Direct labor 2. Which of the following is not a unit product cost under variable costing? O Direct materials Variable selling and administrative expense Direct labor O Variable manufacturing overhead