1-The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing overhead.

a) True

b) False

2- If the fixed cost per unit is $15 and the variable cost per unit is $0.5, and the units produced are 10,000 units. Then what is the total cost if the units produced are 20,000?

a)$160,000

b)$150,000

c)$310,000

d)$155,000

3- Conversion cost equals product cost less direct materials cost.

a) True

b) False

4- During the month of May, direct labor cost totaled $14,960 and direct labor cost was 40% of prime cost. If the total manufacturing costs during May were $78,800, the manufacturing overhead was :

a) $22,440

b)$37,400

c)$63,840

d)$41,400

5- Within the relevant range, a difference between variable costs and fixed costs is:

a) variable cost per unit are constant and the fixed costs per unit fluctuate

b) variable costs per unit flactuate and fixed costs per unit remain constant

c) Both total variable costs and total fixed costs fluctuate

d) Both total variable costs and total fixed costs are constant