Which cost is charged to the product under variable costing? a. Variable manufacturing overhead b. Fixed manufacturing overhead c. Variable administrative expenses d. Fixed administrative expenses Sprinkle Co. sells its product for $60 per unit. During 2012, it produced 60,000 units and sold 50,000 units (there was no beginning inventory). Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $720,000 manufacturing overhead, and $90,000 selling and administrative expenses. Cost of goods sold under absorption costing is: a. $1,350,000 b. $1,620,000 c. $1,950,000 d. $1,560,000 Which department is usually responsible for a labor price variance attributable to misallocation of workers? a. Quality Control b. Purchasing c. Engineering d. Production The direct materials price standard should include an amount for all of the following except a. Receiving costs b. Storing costs c. Handling costs d. Normal spoilage costs