odel: 6. Since Anytime Pizza is open 24 hours a day, its pizza oven is constantly on and is, therefore, always using natural gas. However, when there is no pizza in the oven the oven automatically lowers its flame and reduces its natural gas usage by 70%. The cost of natural gas would best be described as a: A) fixed cost. B) mixed cost. C) step-variable cost. D) true variable cost. Contribution margin is: A) Sales less cost of goods sold. B) Sales less variable production, variable selling, and variable administrative 7. C) D) E) expenses. Sales less variable production expense only. Sales less all variable and fixed expenses. none of the above. ess Ctrl. in the past that is not relevant to any current decision is classified 12 as a(n): A) period cost. B) opportunity cost. C) sunk cost. D) differential cost. Which of the following is unlikely to be classifiod as a fixed cost with respect to the number of units produced and sold? A) Property taxes on a headquarters building. B) Legal department salaries. C) Cost of Leasing the company's mainframe computer D) Production supplies. Mon 9. During Febeuary, the cost of goods manufactured was $83,000. The beginning finished goods inventory was $14,000 and the ending finished goods inventory was $13,000. What was the cost of goods sold for the month? A) $83,000 B) S110,000 C) $82,000 D) $84,000 10. I. Under a job-order costing system, the dollar amount transferred from Work in Process to Finished Goods is the sum of the costs charged to all jobs: A) started in process during the period. B) in process during the period C) completed and sold during the period D) completed during the period. V B Enter N M Shift