Which of the following statements is true? Multiple Choice O Variable costing treats direct labor as a period cost. O Variable costing treats fixed manufacturing overhead as a period cost. O Variable costing treats variable manufacturing overhead as a period cost, Variable costing treats direct materials as a period cost. Assume the following Information for a company that produced and sold 10,000 units during its first year of operations: Per Year Selling price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Per Unit $200 $ 75 $ 50 $ 10 $300,000 Using variable costing and based solely on the information provided, what is the company's contribution margin per unit? Multiple Choice $65 $45 $35 $75 Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Year Selling price Direct materials. Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Per Unit $200 $ 75 $ 50 $ 10 $ 8 $300,000 Using absorption costing, what is the company's unit product cost? Multiple Choice $143 $173 $165 $135