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6. Manufacturing overhead A) can be either a variable cost or a fixed cost. B) includes the costs of shipping finished goods to customers. C)
6. Manufacturing overhead A) can be either a variable cost or a fixed cost. B) includes the costs of shipping finished goods to customers. C) includes all factory labor costs. D) includes all fixed costs. 7. Which terms below could be used to correctly describe the cost of the black paint used to paint the dots on a pair of dice? eeee (a) () Variable Cost Yes Yes No No Administrative Costs Yes No Yes No (d) A) Choice (a) B) Choice (b) C) Choice (c) D) Choice (d) 8. Which of the following terms could be used to correctly describe the wages paid to the data entry clerk who enters customer order information into the company's computer system? (a) (b) (c) (d) Period cost Yes Yes No No Product cost Yes No Yes No A) Choice of (a) B) Choice of (b) C) Choice of (C) D) Choice of (d) 9. Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as A) product cost. B) manufacturing overhead. C) period cost. D) administrative cost. 10. The payback method measures A) the project profitability of an investment. B) the cash flow from an investment. C) the economic life of an investment. D) how quickly investment dollars may be recovered
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