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37-50 contribution margin format has statement in tn theGAAP formstatement but eranged by 7. An costs as the GAAP income statement but listed by behavior

image text in transcribed 37-50
contribution margin format has statement in tn theGAAP formstatement but eranged by 7. An costs as the GAAP income statement but listed by behavior c. The same d. The information to eaable management s as the GAAP i to see gross profit percentages as an indicator of proficability 38. When pricing a preduct, managers should consider a Only variable costs of production. b. Only variable and fixed costs of production. c. Variable and fixed costs including selling and administrative expenses d. The contribution margin per unit. 39. The conversion costs of productioe are: a. Direct Material and Direct Labor b. Direct Material and Manufacturing Overhead. e. Direct Labor and Manafacturing Overhead d. Direct Labor and Administrative Expense. 40-50. Indicate whether the following accounts would be classified as (A) A product cost (C) Aa administrative expense or (B) A selling expense (D) None of these: Depreciation Office Equipment. 41 Advertising Direct Labor Insurance on Factory Building Repairs production equipment. Salary of Office Staff Salesroom Rent. President's Salary Depreciation Factory Equipment. Dividends. Salesperson's Commissions

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