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6. What is the direct cost of a manufactured product? A) All costs are that is incurred in manufacturing a product. B) Raw Material, Direct
6. What is the direct cost of a manufactured product?
A) All costs are that is incurred in manufacturing a product.
B) Raw Material, Direct Labor, and Manufacturing Overhead.
C) any cost that can be directly traced to a product.
D) None of the above.
7. The selling price per unit less the variable cost per unit is the:
A) fixed cost per unit
B) gross margin
C) margin of safety
D) contribution margin per unit
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