Please answer all the MCQs.

61. Which of the following cost will be classified as a period cost? * A) Wages paid to a factory custodian B) Wages paid to a production department supervisor C) Wages paid to an assembly line worker D) Wages paid to an accountant 62. Cost accounting (job order costing/ process costing) involves the measuring, recording and reporting of A) Product costs B) Managerial accounting decisions C) Period costs D) Future costs 63. Manufacturing overhead is over-allocated if * A) Actual overhead is less than allocated B) Actual overhead equals allocated overhead C) The indirect overhead cost rate equals the actual indirect cost rate 64. Jessy's Clothing factory produces two different styles of jeans for women. Recently Jessy paid $15,000 to purchase insurance for her factory. What type of cost is this if the cost object is style-A jeans? * A) Direct cost B) Indirect cost D) Administrative cost. 65.100 is received at the beginning of year 1,$200 is received at the beginning of year 2 , and $300 is received at the beginning of year 3 . If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is A) $1,536 B) $672 D) $1,245 66. The is the discount rate that equates the present value of the cash inflows with the initial investment. * A) payback period B) average rate of return C) cost of capital D) internal rate of return 67. A firm has the following accounts and financial data for 2014: see table below. The firm's net profits after taxes for 2014 is A) $206 B) $213 D) $200 Table for Question # 67 68. A firm has the following accounts and financial data for 2014: see table below. The firm's earnings per share, rounded to the nearest cent, for 2014 is A) $0.53 B) $0.51 C) $0.32 Table for Question # 68 69. Given the following expected returns and standard deviations of assets B,M,Q, and D, which asset should the prudent financial manager select? A) Asset B B) Asset M C) Asset Q D) Asset D Data for Question # 69 70. The value of a bond is also called its face value. Bonds which sell at less than face value are priced at a , while bonds which sell at greater than face value sell at a A) discount; par; premium B) premium; discount; par C) par; discount; premium D) coupon; premium; discount