a) Direct materials. b) Direct labor c) Indirect materials. c Sales commissions. 17. The accounting records of Georgia Company revealed the followi $250,000; direc t labor, $425,000; manufacturing overhead, $375,000; and selling and administrative expenses, $220,000. Georgia's product costs total: a) $1,050,000 b) $830,000 c) $895,000 $1,270,000 d) 18. sts that are expensed when incurred are called product costs. direct costs. inventoriable costs. period costs Cos a) b) c) d) 19. Selection of a cost driver depends on: The availability of information for both the cost and the potential cost driver. a) b) A cause-and-effect relationship between the cost driver and the cost. c) Judgment of management. d) All of these answers are correct 20. At the beginning of the year, Rangle Company expected to incur $54,000 of overhead cos producing 6,000 units of product and uses this to calculate their overhead rate. The direct mater is $20 per unit of product. Direct labor cost is $30 per unit. During January, 600 units were prod The total cost of the units made in January was: a) $30,000 b) 5,400 c) $35,400 d) None of these answers is correct. 21. Humphries Construction Company builds warehouses that range in size from 12,000 to 10 square feet. Which of the following would not be a rational base for allocating overhead cost warehouses? a) Labor hours b) Direct material costs c) Number of warehouses completed d) Square footage of the warehouses 22. Jessup Company expects to incur overhead costs of $20,000 per month and direct pro of $125 per unit. The estimated production activity for the upcoming year is 1,000 units. If desires to earn a gross profit of $50 per unit, the sales price per unit would be which of th amounts? $175 $195 a) b)