LUITIJII CIUPLI U. VUI IUUIL CUJUI TUI TUIUSCITILTILI JIJ IU LT L 22 questIUNISTUU TOITS Time Remaining: O Not Timed Save Progress Progress has never been saved (2pts) 4) The Harrison Company produces #2 pencils. In the production process, the items are transferred from the Cutting Department to the Sharpening Department. During the journalizing process, the Harrison Company would debit the Work in Process-Sharpening Department account. (Assume the company uses the process costing method.) True False 5) The difference between the contribution margin and income from operations is the company's (2pts) variable costs. True False (2pts) 6) Product costs are classified as direct materials, direct labor, and factory overhead. True O False (2pts) 7) Costs are normally classified as variable, fixed, or mixed. True Salse