Under variable costing, which of the following costs would not be included in finished goods inventory? a. direct labor cost Ob. fixed factory overhead cost Oc. direct materials cost Od. variable factory overhead cost The following data relate to direct labor costs for August: actual costs for 5,500 hours at $24.00 per hour and standard costs for 5,000 hours at $23.70 per hour. The direct labor rate variance is a. $1,500 favorable Ob. $1,650 favorable Oc. $1,650 unfavorable Od. $1,500 unfavorable Under variable costing, which of the following costs would not be included in finished goods inventory? a. salary of factory supervisor Ob. electricity used by factory machinery Oc. wages of machine operator d. steel costs for a machine tool manufacturer Under variable costing, which of the following costs would not be included in finished goods inventory? a. direct labor cost Ob. fixed factory overhead cost Oc. direct materials cost Od. variable factory overhead cost The following data relate to direct labor costs for August: actual costs for 5,500 hours at $24.00 per hour and standard costs for 5,000 hours at $23.70 per hour. The direct labor rate variance is a. $1,500 favorable Ob. $1,650 favorable Oc. $1,650 unfavorable Od. $1,500 unfavorable Under variable costing, which of the following costs would not be included in finished goods inventory? a. salary of factory supervisor Ob. electricity used by factory machinery Oc. wages of machine operator d. steel costs for a machine tool manufacturer