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In the manufacture of a canoe, assembly labor is Select one: O a. A direct cost O b. An indirect cost O c. Neither A

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In the manufacture of a canoe, assembly labor is Select one: O a. A direct cost O b. An indirect cost O c. Neither A nor B Overhead costs, in general, are: Select one: O a. variable O b. fixed O c. semi variable O d. none of the above Redstone LLC uses variable costing and absorption costing. In the variable costing income statement which of the following is a variable expense? Select one: O a. Direct materials O b. Fixed selling expenses O c. Fixed overhead O d. None of the above Ending inventory value with respect to absorption costing and variable costing: Select one: O a. is less using variable costing O b. is more using variable costing O c. is the same O d. none of the above The breakeven is 2000 units. The fixed costs are $24,000. What is the contribution margin per unit? Select one: O a. $10 Ob. $11 O c. $12 O d. None of the above The breakeven is 2000 units. The selling price is $16 per unit the variable cost is sa per unit. What are the fixed costs? Select one: O a. $24,000 O b. $26,000 O c. $28,000 d. None of the above Ellison LLC uses variable costing and absorption costing. If Allison sells the same amount of units that it produces the variable costing income statement shows compared with the absorption costing income statement. Select one: O a. More O b. Less O c. The same Ending inventory value with respect to absorption costing and variable costing: Select one: O a. is more using absorption costing O b. is less using absorption costing O c. is the same O d. none of the above Administrative salaries are in the Select one: O a. Manufacturing overhead budget O b. Direct labor budget O c. Selling and administrative budget O d. None of the above Indirect materials are in the Select one: O a. Direct materials purchases budget O b. Manufacturing overhead budget O c. Direct labor budget O d. None of the above

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