gw y TUUS ullayes all halludluny CUS15 U 115 products! 4) Which of the following is not a product cost under variable costing? 5)Using absorption costing, which of the following manufacturing costs are assigned to products? During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $4 per unit, Direct labor, $2 per unit, Variable overhead, $3 per unit, and Fixed overhead, $192,000. The company produced 24,000 units, and sold 17,000 units, leaving 7,000 units in inventory at year-end. Income calculated under variable costing is determined to be $340,000. How much income is reported under absorption costing? gw y TUUS ullayes all halludluny CUS15 U 115 products! 4) Which of the following is not a product cost under variable costing? 5)Using absorption costing, which of the following manufacturing costs are assigned to products? During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $4 per unit, Direct labor, $2 per unit, Variable overhead, $3 per unit, and Fixed overhead, $192,000. The company produced 24,000 units, and sold 17,000 units, leaving 7,000 units in inventory at year-end. Income calculated under variable costing is determined to be $340,000. How much income is reported under absorption costing