Market strength is the ability to increase the wealth of stockholders 38. Past performance is rarely a good indicator of future performance. 40. Vertical analysis is the same as common-size analysis. 41. Horizontal analysis will reveal the percentage of net sales consumed by salaries expense. 39. statement, net income is represented by 100 percent. 43. Product costs could be reported as assets. 44. Inventoriable cost is a synonym of period cost. 45. Manufacturing costs behave as variable or fixed costs. 46. Fixed costs per unit are constant along a defined range of activity. 47. Sugar is an indirect cost in the manufacture of candy. 48. Normal costing is the sum of actual direct materials, actual direct labor, and actual overhead. 49. Standard costing is based on actual direct materials and direct labor plus estimated overhead. 50. Unit fixed costs will be the same regardless of how many units are produced. rue and False (2 point eaC