36) Under absorption costing, a company had the following unit costs when 9,000 units wen 36) produced. Direct labor Direct material Variable overhead Fixed overhead (S67,500/9,000 units) Total production cost S 7.25 per unit S 8.00 per unit S 5.50 per unit S 7.50 per unit 28.25 per unit Compute the total product cost per unit under variable costing if 30,000 units had been produced. A) $20.75 B) S31.75 C) S28.25 D) S23.45 E) S15.25 37) Southland Company is preparing a cash budget for August. The company has $17,000 37) cash at the beginning of August and anticipates $120,800 in cash receipts and S134,500 in cash disbursements during August. Southland Company wants to maintain a minimum cash balance of $10,000, To maintain the minimum cash balance of S10.000 the company must borrow: A) $7,000 B) S27,700. C)SO D) S6,700 E) S10,000 38) Andrew Industries purchased S165,000 of raw materials on account during the month of 38) March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 of direct materials and $13,000 of indirect materials. What is the ending Raw Materials Inventory balance for March? A) $9,000 B) S46,000 C)1,000 D) S24,000 E S33,000 39) Classifying costs by behavior with changes in volume of activity involves: A) Identifying costs as financial or managerial. B) Identifying fixed cost and variable cost. C) Identifying costs in a physical manner D) Identifying both quantitative a E) Identifying cost of goods sold and operating costs. nd qualitative cost factors. 40) A classification of costs that determines whether a cost is expensed to the income 40) statement or capitalized to inventory is: A) Fixed versus variable. B) Direct versus indirect C) Service versus manufacturing D) Product versus period. E) Financial versus managerial