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011. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following? a) Product

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011. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following? a) Product cost b) Manufacturing overhead c) Period cost d) Administrative cost 012. All production costs have been steadily rising in the Donner Company for several periods. equivalent unit computed using the FIFO method would be e company maintains large work in process inventories. Donner Company's cost per a) the same as that computed under the weighted-average metho b) higher than that computed under the weighted-average metho c) lower than that computed under the weighted-average method d) could be lower than, the same as, or higher than that computed under the weighted- average method 013. In job-order costing, all of the following statements are time and cost except: e correct with respect to labor a) time tickets are kept by employees showing the amount of work on specific jobs. b) the job cost sheet for a job will contain all direct labor charges to that particular job. e) labor cost that can be traced to a job only with a great deal of effort (practically difficult) is treated as part of manufacturing overhead. a machine operator performi would charge the maintenance time to a specific job d) ng routine annual maintenance work on a piece of equipment

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