Indirect factory labour can be classified into which three cost categories? Select one: product cost, non-manufacturing cost and variable cost period cost, conversion cost and manufacturing overhead cost product costs, fixed costs and manufacturing overhead > product costs, manufacturing costs and manufacturing overhead costs The following information was provided by Jimbob Co. for the year just ended: Cost of goods manufactured $500,000 Ending finished goods inventory $100,000 Sales $800,000 $200,000 Gross margin What was beginning finished goods inventory? Select one: $400,000 $200,000 $100,000 $300,000 x Snow Co. has provided you with the following information for utility costs for the past 5 months. Month Units produced Utility cost January 1,000 1,200 February 1,200 1,300 1,100 March 800 April 900 1,000 May 1,300 1,450 Using the hi lo method, the estimated variable cost is: Select one: $1.125 $1.00 $0.95 x $0.70 Snow Co. has provided you with the following information for utility costs for the past 5 months. Month Units produced Utility cost January 1,000 1,200 February 1,200 1,300 March 800 1,100 April 900 1,000 May 1,300 1,450 Using the hi lo method, the estimated fixed cost is: Select one: 0 $0 $-12.5 $1000 x $540 Snow Co. has provided you with the following information for utility costs for the past 5 months. Month Utility cost Units produced 1,000 January 1,200 February 1,200 March 800 1,300 1,100 1,000 April 900 May 1,300 1,450 Assume an equation to estimate mixed costs is Y = $500+.5(x). What is the estimated total cost if 1200 units are produced? Select one: $500 x $1,000 Not enough information is provided $1,100