Assume that a manufacturing company incurred the following costs: Direct labor Advertising Factory supervision Sales commissions Depreciation, office equipment Indirect materials Depreciation, factory building Administrative office salaries Utilities, factory Direct materials Insurance, factory Property taxes, factory $ 90,000 $ 40,000 $ 30,000 $ 15,000 $ 4,000 $ 5,000 $ 20,000 $ 1,000 $ 2,500 $100,000 $ 10,000 $ 7,000 If the information above pertains to 1000 units of production, what is its average manufacturing cost per unit? Multiple Choice $262.00 A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Pixed administrative expense Sales commissions Variable administrative expense Amount per Unit $7.00 $4.00 $1.50 $5.00 $3.50 $2.00 $1.00 $0.50 10.900 units are produced, what is the total amount of indirect manufacturing costs incurred to support this level of production? Multiple Choice 587200 $70.550 Which of the following statements is true? Multiple Choice Period costs and foued costs are synonyms Period costs are excluded from the calculation of gross margin Period costs may be included in inventory as reported on the balance sheet Period costs include indirect materials and indirect labor Which of the following statements is false with respect to contribution format income statements? Multiple Choice They include contribution margin They include fised selling expenses. They separate expenses by their cost behavior They exclude period costs from variable expenses