What is variable costing? None of the choices are correct. Difference between net sales revenue and variable costs. Considers direct materials, direct labor costs, variable manufacturing overhead costs, and fixed manufacturing costs as product costs. Considers only variable manufacturing costs when determining product costs. When units produced are more than uriits sold, what relationshlp exists between absorption and variable costing for ending Finished Coods inventory? None of the choices are correct Absorption costing \& Variable costing Absarption costins + Variable costins Absorption costing > Variable costing What is absorption costing? Difference between net sales revenue and variable costs. None of the choices are correct. Considers direct material costs, direct labor costs, variable manufacturing overh Considers only variable manufacturing costs when determining product costs. I puret When units produced equal units sold, what relationship exists between absorption and variable costing for ending Finished Goods Inventory? Absorption costing = Variable costing None of the choices are correct Abvorption costing * Variable costing Absorption costing \& Variable cestine What is contribution margin? Considers only variable manufacturing costs when determining product costs. Difference between net sales revenue and variable costs. None of the choices are correct. Considers direct material costs, direct labor costs, variable manufacturing overhead costs, and fixed manufacturing costs as product costs