27 Total manufacturing costs for the month on the statememnt of costs of goods manufactured equals: Multiple Cholce varlable costs-fxed costs- mixed costs. work In process Inventory-finished goods Inventory Cost of goods sold-cost of goods manufactured cost of raw material used-direct labor cost incurred-manufacturing overhead appled The product cost of a single unit of manufactured production is determined by Multiple Cholce dividing total direct matertals and direct labor for a production run by the number of units produced. adding total direct materlals, direct labor, and manufacturing overhead for a production run and then dividing by the number of unts produced dividing total direct materlals, direct labor, manufacturing overhead and delvery expenses for a production run by the number of units produced dividing the product's selling price by the its contribution margin ratio