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Prime costs are Not yet answered Select one Points out of a. direct materials and factory overhead Flag b. direct materials and direct labor Cdirect labor and factory overhead d. period costs and factory overhead ELL'S 8 A product cost is Not yet NLINE answered Select one: Points out of a. expensed in the period in which it is manufactured 2.00 b. shown with current liabilities on the balance sheet Y Flag question c. shown with operating expenses on the income statement NCIAL d in the period the product is sold 5:49 PM 9 12.60 What is the purpose of the statement of cost of goods manufactured? Not yet answered Points out of Select one: 2.00 O a. to determine the ending materials inventory F Flag b. to determine the ending work in process inventory ies c. to determine the amounts transferred to finished goods d. all of these RUSSELL'S OF G II ONLINE Managers used managerial information for all of the following except Select one 2.00 a. to evaluate the company's stock performance FINANCIAL b. to analyze the performance of a company's operations question ANALYSIS c. to support long-term planning decisions LONG d. to determine the cost of manufacturing a product Which of the following are the two main types of cost accounting systems for manufacturing operations? Not yet answered Points out of Select one: 2.00 a. process cost and general accounting systems Flag question b. job order cost and process cost systems O C. job order and general accounting systems d. process cost and replacement cost systems Question 12 Which of the following products would be manufactured using a job order costing system? INE Not yet answered Points out of Select one: 2.00 a. a cell phone ? Flag question AL b. a highlighter pen C. a graduation invitation d a recliner