1. A manufacturing firm produces goods in accordance with customer specifications, commencing production upon receipt of a purchase order. To accumulate the cost of each order, the company would use a: A. Job-cost record B. Cost allocation matrix C. Overhead sheet D. Production log E. Manufacturing cost record 2. Which of the following is an example of a fixed cost? a. The wages of part-time workers who are paid $9 per hour b. Gasoline consumed by a salesperson's car c. Paper used in the manufacturing of textbooks d. Property taxes paid by an accounting firm to a large city e. Surgical supplies used in a hospitals operating room 3. Which of the following statements best characterizes managerial accountants of the past? A. They worked in teams B. They often took on leadership roles C. They were located in operating departments and worked with other managers D. They were isolated into separate departments E. They carried the job title of "analysts" | 4. The role of managerial accounting in organizations is the same as it has been over many years. a. True b. False 5. Which type of production process is likely used for custom yachts built by Feadship? a. Direct assembly b. Batch c. Continuous flow d. Assembly e. Job shop 6. As activity decreases, unit variable cost a. Increases proportionately with activity b. Decreases by a fixed amount c. Increases by a fixed amount d. Remains constant e. Decreases proportionately with activity