6 mutliple choice thank you

Which of the following statements is true? 1 Multiple Choice 2 01:59:53 eBook O Perlod costs and fixed costs are synonyms. Period costs are excluded from the calculation of gross margin. Period costs may be included in inventory as reported on the balance sheet. Period costs include indirect materials and indirect labor. 2 Sales Variable selling expenses Cost of goods sold Fixed administrative expenses Fixed selling expenses Variable administrative expenses $500,000 $ 25,000 $350,000 $ 50,000 $ 40,000 $ 5,000 2 01:59:32 What is the company's gross margin? eBook Multiple Choice $145,000 $125,000 $120,000 $150,000 Which of the following is a product cost? 3 Multiple Choice 01:59:25 eBook O Sales commissions Sales salaries Direct labor O Costs of finished goods warehousing 4. Sales Variable selling expenses Gross margin Fixed administrative expenses Fixed selling expenses Variable administrative expenses $500,000 $ 25,000 $150,000 $ ? $ 40,000 $ 5,000 01:59:15 What is the amount of total variable expenses? eBook Multiple Choice $380,000 $350,000 $370,000 Shy $360,000 5 be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data relates to one particulat job completed during the year-Job Z Budgeted Data Assembly Fabrication Manufacturing overhead costs $300,000 $ 400,000 Direct labor hours 25,000 15,000 Machine hours 10,000 50,000 Job Direct labor hours Machine hours Assembly Fabrication 10 hours 2 hours 1 hour 7 hours Assume the company uses departmental predetermined overhead rates. It uses direct labor hours as the allocation base in Assembly and machine hours as the allocation base in Fabrication How much manufacturing overhead would be applied from the Assembly Department to Job Z? Miple Choice $13000 $122.22 A predetermined overhead rate includes: 6 Multiple Choice 8 01:58:25 eBook estimated total manufacturing overhead cost in the numerator only the fixed portion of the estimated manufacturing overhead cost in the numerator. only the variable portion of the estimated manufacturing overhead cost in the numerator. estimated total manufacturing overhead cost in the denominator