1. All of the following are reasons that managers track revenues and costs using a job costing system except:
   1. managers compare actual costs with estimated costs throughout the project to identify unexpected changes as early as possible
   2. None of these
   3. c. managers access the accuracy of original cost estimates
   4. managers want to know if individual jobs are profitable
   5. managers use the information to record product costs as period costs
2. All of the following are included in Balance Sheet accounts containing product costs except:
   1. a. cost of goods manufactured
   2. None of these
   3. raw materials
   4. work in process inventory
   5. cost of good sold
3. Direct labor costs related to production are:
   1. included in manufacturing overhead
   2. expensed when the products are sold
   3. expensed in the period in which they are incurred
   4. d. period costs
   5. None of these