b. prime costs d. deducted as operating expenses in the period incurred During the month of April, Vane Co. produced and sold 10,000 units of a product. Manufacturing and selling cost is incurred during April were as follows: Direet materials and direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling costs 90,000 20,000 10,000 Assume that direct labor is a variable cost. The unit product cost under variable costing was a. $49 b. S50 c. $51 d. $52 29 is the usual starting point for budgeting a. production budget b. cash budget c. sales budget raw materials budget d. 30 A firm's cash budget for 19x8 should be least affected by: a. the firm's depreciation method b. the firm's credit policies c. the firm's inventory policies the firm's balance sheet at the end of 19x7 d. b. prime costs d. deducted as operating expenses in the period incurred During the month of April, Vane Co. produced and sold 10,000 units of a product. Manufacturing and selling cost is incurred during April were as follows: Direet materials and direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling costs 90,000 20,000 10,000 Assume that direct labor is a variable cost. The unit product cost under variable costing was a. $49 b. S50 c. $51 d. $52 29 is the usual starting point for budgeting a. production budget b. cash budget c. sales budget raw materials budget d. 30 A firm's cash budget for 19x8 should be least affected by: a. the firm's depreciation method b. the firm's credit policies c. the firm's inventory policies the firm's balance sheet at the end of 19x7 d