C 48 47 What is the professional designation for management account? Certified Public Accountant b Certified Management Accountant Certified Internal Auditor d. Chief Executive Officer The determination of a cost is being either direct or indirect depends upon a the accounting system b the allocation system c the cost tracing system d the cost object chosen 49 Wages paid to machine operators on an assembly line are an example of which type of cost? direct manufacturing labor costs b. direct manufacturing overhead costs e direct material costs d. indirect manufacturing overhead cost Gross margin or gross profit is considered to be a. the same as contribution margin b. sales less variable costs c. sales less costs of goods sold d sales less fixed costs 21 50