17. Which of the following is false? A) Traditional absorption costing treats direct nonmanufacturing costs as product costs. B) Activity-based costing treats direct manufacturing costs as product costs. C) Activity-based costing treats direct nonmanufacturing costs as product costs. D) Traditional absorption costing treats direct manufacturing costs as product costs. 18. Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects credit sales of $50,000 and $60.000, respectively. The company expects to collect 40% of its credit sales in the month of the sale and the remaining 60% in the following month. What is the expected cash collections from credit sales during the first month? A) $20.000 B) $30.000 C) $24,000 D) $36,000