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For the cost object below, select the TWO cost classifications that apply. You need to select two correct choices to earn full credit. Hint: 1.
For the cost object below, select the TWO cost classifications that apply. You need to select two correct choices to earn full credit. Hint: 1. The cost object is either a Variable Cost or a Fixed Cost. 2. The cost object is either a Selling Cost, an Administrative Cost, a Direct Product Cost, or an Indirect Product Cost. Salary of the product quality control engineer Fixed cost Indirect product cost Direct product cost Administrative cost Variable cost Selling cost Sale price is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Overhead is: none of these fixed period mixed Sale price is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Total period costs are: $27,000$63,000$26,000$90,000 Sale price is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Gross margin equals: $37.000$63.000$68,000$90.000 Sale price is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit; overhead is $5 per unit and $2,100 per month; selling and administrative expenses are $4 per unit and $1,500 per month. Overhead is: variable none of these fixed mixed
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