7. Which of the following statements are TRUE about the classification of cost? A. The variable cost can only be classified as a direct cost. B. The fixed cost can be classified as a direct cost but cannot be classified as an indirect cost. C. The fixed cost can be classified as an indirect cost but cannot be classified as a direct cost. D. The fixed cost can be classified as a direct cost or an indirect cost. 8. In normal costing, the indirect cost is allocated based on... A. the budgeted indirect cost rate(s) times the actual quantity of the cost allocation base(s). B. the budgeted indirect cost rate(s) times the budgeted quantity of the cost allocation base(s). C. the actual indirect-cost rate(s) times the actual quantity of the cost allocation base(s). D. the actual indirect-cost rate(s) times the budgeted quantity of the cost allocation base(s)