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6. The Fixed and variable costs are costs classification according to: A) Cost traceability B) Value-adding C) Financial reporting 7. Cost can be conveniently and

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6. The Fixed and variable costs are costs classification according to: A) Cost traceability B) Value-adding C) Financial reporting 7. Cost can be conveniently and economically traced to a cost objected, for example, the salary of factory workers or the raw materials of a product. Consider as: A) Indirect Cost B) Direct Cost C) Non-of the above 8. What is the product unit cost for perfume, which consists of 1000 units and has total direct materials of 8,000$ and direct labor of 1,500 , and overhead is 4,500 ? A) 14 B) 9.5 C) 14,000 9. July Co. at the end of the financial, The actual overhead costs incurred were 79,950 and the amount applied to the production was 82,000 . Therefore the amount of overhead cost is: A) Overapplied B) Underapplied C) None of the above

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