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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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