Fill in Blank (answer can be used more than once (Actual rate, Allocation base, CM, Conversion, Fixed cost, Incremental analysis, Job-order costing, Opportunity cost, Period, POHR, Prime, Process costing, Product, Sunk. Variable cost,)

The paper and other materials used in the manufacture of the book, combined with the direct labor cost involved, would be called _____________ cost.

The salary of Crestline Books president would be classified as a _____________ cost, and the salary will appear on the income statement as an expense in the time period in which it is incurred.

Depreciation on the equipment used to print the book would be classified by Crestline Books as a ___________ cost. However, depreciation on any equipment used by the company in selling and administrative activities would be classified as a _____________ cost. In terms of cost behavior, depreciation would probably be classified as a ______________ cost with respect to the number of books printed.