Managerial accounting

Group of answer choices

is primarily directed at external users of accounting information.

is required by taxing authorities such as the IRS.

must follow GAAP.

is optional (not required).

Which of the following costs does not change when the level of business activity changes?

Group of answer choices

total fixed costs

total variable costs

total direct materials costs

fixed costs per unit

Which of the following costs is part of overhead?

Group of answer choices

Indirect labor

Direct labor

Salaries for the accounting personnel

Wages for the janitorial staff for the sales offices