How have many companies significantly lowered inventory levels and costs? A) They focus on total quality management B) They use activity-based costing. C) They utilize a balanced Scorecard system. D) They have a just-in-time method. 10. Which one of the following would not be classified as manufacturing overhead? A) Direct materials B) Indirect materials C) Indirect labor D) Insurance on factory building 17. Comprehensive income would not include A) other expenses and losses. B) dividends declared. C) unrealized gains on available-for-sale securities. D) discontinued operations. 18. Manufacturing costs include A) direct materials, direct labor, and manufacturing overhead. B) direct labor and manufacturing overhead only. C) direct materials and direct labor only. D) direct materials and manufacturing overhead only. 19. April Industries sells a product with a contribution margin of S12 per unit, fixed costs of $223.200, and sales for the current year of $300,000. How much is April's break-even point? A) 18,600 units B) 13,800 units C) 6.400 units D) $76,800 Version 1 Page 6