5. Which of the following costs are classified as a period cost? a Wages paid to a factory custodian. Wages paid to a production department supervisor. C) Wages paid to a cost accounting department supervisor. (d) Wages paid to an assembly worker. 6. Cost of goods available for sale is a step in the calculation of cost of goods sold of: (a) a merchandising company but not a manufacturing company. (ba manufacturing company but not a merchandising company. a merchandising company and a manufacturing company. d) neither a manufacturing company nor a merchandising company 7. The formula to determine the cost of goods manufactured is: @) Beginning raw materials inventory + Total manufacturing costs - Ending work in process inventory. com (b) Beginning work in process inventory + Total manufacturing costs - Ending finished goods inventory. (c) Beginning finished good inventory + Total manufacturing costs -Ending finished goods inventory. Beginning work in process inventory + Total manufacturing costs --Ending work in process inventory. 8. Which of the following managerial accounting techniques attempts to allocato manufacturing overhead in a more meaningful fashion? (a) Just-in-time inventory. b1 Total quality management (c) Balanced Scorecard. Activity-based costing 9. Cost accounting involves the measuring, recording, and reporting of: a product costs. (b) future costs. (c) manufacturing processes. (d) managerial accounting decisions. 10. When incurred, factory labor costs are debited to: (a) Work in Process (bFactory Wages Expense. (Factory Labor. (d) Factory Wags Payable