Under variable costing, which of the following costs would not be included in finished goods inventory? Direct labor cost Direct materials cost Variable factory overhead cost Fixed factory overhead cost Under variable costing, which of the following costs would be included in finished goods inventory? Selling costs Salary of vice-president of finance Variable factory overhead cost Fixed factory overhead cost The amount of income under absorption costing will equal the amount of income under variable costing when units manufactured: exceed units sold equal units sold are less than units sold are equal to or greater than units sold