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please help me with the last three questions Which of the following terms is commonly used to describe the concept whereby the cost of manufactured
please help me with the last three questions
Which of the following terms is commonly used to describe the concept whereby the cost of manufactured products is composed of direct materials cost, direct labor cost, and all factory overhead cost? a sbor costi b. viable costing and costing d. marginal conting Which of the following is a reason for easy identification and control of variable manufacturing costs under the variable costing method? Ca. Fixed coli, such as property insurance, are normally the responsibility of higher management not the operating management b. Variable costs can be controlled by the operating management c. Variable and fixed costs are reported separately, d. all of the above A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (10,000 units): Direct materials $80,000 Direct labor 120,000 Variable factory overhead 140,000 Fixed factory overhead 40,000 $380,000 Operating expenses: Variable operating expenses $65,000 Fixed operating expenses 25,000 90,000 if 1,000 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is a 3.000 b. 547.000 CS10.500 d. 534.000 Step by Step Solution
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