me ID: B 24. Which of the following terms apply to materials and supplies that can be traced conveniently to specific Manufacturing overhead a. b. c. d. Direct costs Indirect materials Indirect manufacturing costs 25. In a process costing system, percentage of.completion factors normally are obtained from a. accounting records. b. supervisors in the production departments. c. time cards. d. job order cost cards. 26. Costs such as salary of supervisors and other support personnel, which are accounted for as overhcad costs are called a. prime labor costs. b. indirect labor costs. c. sales assistance costs. d. period labor costs. 27. Which of the following statements is true of nonvalue-adding activities? a. They are wasteful and targeted for elimination. b. They are included in the value chain of activities. c. They are unnecessary activities d. They add cost to a product or service but does not increase its market value. Which of the following is not included in conversion costs? a. Indirect labor b. Direct materials c. Overhead d. Direct labor 28. 29. Which of the following statements is true of a traditional operating environment? It uses a multiskilled work force. a. b. It plans by using pull-through production scheduling. It always maintains less or no inventory d.) It has long production runs with infrequent setups. 30. When computing the cost per equivalent unit, the FIFO costing method considers a. current costs only b. current costs plus ending work in process inventory costs. c. current costs plus beginning work in process inventory costs d. current costs less ending work in process inventory costs