Question 1 Which of the following are included in the Cost of Goods Sold? 0 Direct Material Costs, Manufacturing Overhead, Direct Labour Costs 0 Indirect Overhead, Direct Material Costs, Gross Profit. 0 Marketing, Shareholder Prot, Indirect Overhead 0 General Administrative Costs, Direct Labour Costs, Direct Material Costs 0 Manufacturing Overhead, Direct Material Revenue, Direct Labour Revenue 1 pts Question 2 1 pts Identify the following as either Production Costs, Period Costs, or Neither. Direct Material Cost 1/6 [ Choose ] v Administrative Cost [Choose] V Electricity Usage for Ofce Space I [Choose] v Marketing Costs I [Choose] v Rent for Shop Floor '7 [Choose] v] Company Taxes [ Choose ] v, Interest on Debt [Choose] v Question 3 1 pts What are the 2 Dimensions (main aspects) of Budgeting? 0 Static Budget and Flexible Budget 0 Strategic Plan and Performance Report 0 Operation Budget and Financial Budget 0 Incremental and Zero-Base Budget 0 Effectiveness and Efficiency 0 Planning and Control 2/6 Question 4 1 pts Identify the following as either Fixed, Variable or Mixed Costs: Rent on the Facility [ Choose ] Insurance on production equipment [ Choose ] Direct Material Cost [ Choose ] Salesperson earning a base salary of $4,000/month and $20 commission on [ Choose ] every unit sold over the monthly sales target of 40 units Property Tax [ Choose ] Depreciation on Asset using the Straight-line Method [ Choose ] Amortization [ Choose ] Utilities [ Choose ] Question 5 1 pts Which of the following will most likely result in an engineer encountering Analysis Paralysis when conducting the Cost Estimation? 3/6Using the following Project Management Graph, what is the best time to perform the Life Cycle Costing Analysis? Cost-committed 100% 80% Cost Cost-incurred 20% concept detailed make use 8 dispose 1.. design design 'me Q When the committed costs reach 80% 0 At the End of the Use & Disposal Phase 0 At the End of the Detailed Design Phase 0 At the End of the Make Phase 0 At the End of the Conceptual Design Phase