3) 3) Rotonga Manufacturing Company leases a vehicleto de 1 Company leases a vehicleto deliver its finished products to customers. Which of the following terms correctly describes th payments made on the delivery vehicle (consider the customer to be Wing terms correctly describes the monthly lease object)? Direct Cost Fixed Cost )No No B) Yes C)NO D) Yes Yes 4) Manufacturing overhead includes: A) all selling and administrative costs. B) all direct material, direct labor and administrative costs. C) all manufacturing costs except direct labor and direct materials. D) all manufacturing costs except direct labor. 5) Which ofthe following statements is correct with regard to a CVP graph? ANA CVP oraph shows the operating leverage as the gap between total sales revenue and total expense at the actual level ofsales. raph assumes that total expense varies in direct proportion to unit sales. raph shows the break-even point as the intersection ofthe total sales revenue line and the total expense line. D) A CVP graph shows the maximum possible profit