6. Which of the following is a fixed cost in a clothing store? a. store manager's salary b. product returns C. commissions from sales d. the products being sold e. paper for invoices and billing 7. If each lawnmower required a steering wheel that costs $30 and 3,000 lawnmowers are produced for the month, the $90,000 total cost for steering wheels: a. is considered to be a direct fixed cost. b. is considered to be an indirect variable cost. is considered to be an indirect fixed cost. is considered to be a direct variable cost is considered to be variable or fixed, depending on the relevant range. c. d. e. Use the information below to answer questions 8 to 9: The following information pertains to Nike: Manufacturing costs $1,000,000 Shirts manufactured 100,000 Beginning inventory O pairs 99,500 shirts are sold during the year for $18. What is the amount of Nike's ending finished goods inventory? a. $99,500 b. $8,000 $5,000 d. $500 SO 8. c. e. 9. What is the amount of Nike's gross profit? a. $995,000 b. $1,000,000 C. $1,791,000 d. $796,000 e. $896,000 a. 10. Which of the following statements would be correct in a manufacturing business? Goods that are completed are not normally included in finished goods inventory. b. Completed goods would be including in the work in process inventory. Work-in-process inventory does not include direct labour. Materials that have been put into production are classified as work-in-process inventory. There can be no beginning finished goods inventory. C. d. e