Build Date: Model WIRIU v2017.05.12 (1803) 5/23/2017 4:41 PM OptiPlex 7040 a. b. c. d. Product or Period Materials or Labor Selling or administration Product or indirect 9. An indirect cost a can be casily and accurately traced to a cost object b. Cannot be easily and conveniently traced to a unit of product ce other cost object c. should mever be assigned to a cost objcct. d. do none of these. 10. A variable cost in total a increases as output increases b. remains constant at all levels of output is the benefit given up when one alternative is chosen over another decreases as output increases c. d. Differential Costs a. b. c. d. . Do not differ among alternatives Have alrcady been incurred Differ among alternatives Always differ in proportion to activity levels 12. Which of the following is an example of direct laber? a. b. c. d. Machinist in a production plant janitor in a production plant security guard for the factory management accountant 13. Overhcad is defined as Non production costs a. b. Variable prodaction costs Production cost other than direct material and direct labor c. d. all of these. Indirect costs are grouped into the product cost category a. Raw materials b. Overhead c. Factory labor 14. none of these. 1s a are classified as either selling or administrative costs b. are used to compute product cost c. can be included in overhead costs d. are carried in inventory until the goods are sold 16. Production costs consist of a. period costs b. indirect materials, indirect labor, and administrative costs c. direct materials, direct labor, and selling costs d. direct materials, direct labor, and manufacturing overhead