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Question 1 (1 point) Saved Managerial accounting information is generally prepared for stockholders. O creditors. managers. regulatory agencies. Question 2 (1 point) Both direct materials
Question 1 (1 point) Saved Managerial accounting information is generally prepared for stockholders. O creditors. managers. regulatory agencies. Question 2 (1 point) Both direct materials and indirect materials are raw materials. manufacturing overhead. merchandise inventory. sold directly to customers by a manufacturing company. Question 3 (1 point) Which one of the following would not be classified as manufacturing overhead? Indirect labor Direct materials Insurance on factory building Indirect materials Question 4 (1 point) Manufacturing costs include direct materials and direct labor only. direct materials and manufacturing overhead only. direct labor and manufacturing overhead only. direct materials, direct labor, and manufacturing overhead. Question 5 (1 point) Sales commissions are classified as overhead costs period costs. product costs. indirect labor. Question 6 (1 point) Which one of the following represents a period cost? The VP of Sales' salary and benefits Overhead allocated to the manufacturing operations Labor costs associated with quality control Fringe benefits associated with factory workers
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