Manufacturing costs or product costs consist of: A. factory overhead. B. direct materials and direct labor. C. direct labor and factory overhead. D. direct materials, direct labor, and factory overhead. E. None of these.

Within a "relevant range," which of the following statements about fixed costs is true? A. Fixed costs are constant per unit of production. B. Fixed costs per unit will fall as production rises. C. Total fixed costs change as production volume changes. D. Fixed costs are costs which are paid uniformly over a year. E. None of these.

Straight-line depreciation on a building would best be classified as a: A. variable cost. B. committed fixed cost. C. discretionary fixed cost. D. mixed cost. E. None of these.