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1. Which of the following costs would be included in the cost of a manufactured product according to the variable costing concept: A. rent on

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1. Which of the following costs would be included in the cost of a manufactured product according to the variable costing concept: A. rent on factory building B. direct materials C. property taxes on factory building D. electricity purchased to operate factory equipment E. salary of fatory supervisor F. depreciation on factory building G. direct labor 2. Explain why service companies use different activity bases than manufacturing companies to classify costs as fixed or variable. 3. Describe the type of human behavior problems that might arise if budget goals are set too tightly. 4. What behavioral problems are associated with setting a budget too loosely? 5. Share an experience you have with budgeting. How did you create the budget. why, and were you succesful in sticking to the budget

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