d. cost of phone components 7. MC.15-097 Another term for factory overhead is a. supervisory cost b. period cost csurplus d. factory burden 8. MC.15-098 Which of the following costs are conversion costs? a. direct materials cost and factory overhead cost b. direct materials cost and direct labor cost c. direct labor cost and factory overhead cost d. factory overhead cost 9. MC. 15-102 Which of the following is part of factory overhead cost? a. direct materials used b. depreciation of factory equipment and machines c. sales commissions d. depreclation of sales person's vehicle 10. MC. 15-103 Which of the following manufacturing costs is an indirect cost of producing a product? a. memory chips for a microcomputer manufacturer b. oil lubricants used for factory machinery c. commissions for sales personnel d. hourly wages of an assembly worker 11. MC.15-104 All of the following could be considered a direct material except a. lumber b. steel c. glue d. fabric 12. MC. 15-106 A product cost is a. expensed in the period the product is sold b. shown with operating expenses on the income statement c. expensed in the period in which it is manufactured