Under variable costing, which costs are included in product cost? a. All variable product costs, including direct

Question:

Under variable costing, which costs are included in product cost?
a. All variable product costs, including direct materials, direct labor, and variable overhead.
b. All variable and fixed product costs, including direct materials, direct labor, and both variable and fixed overhead.
c. All variable product costs except for variable overhead.
d. All variable and product costs, except for both variable and fixed overhead.

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