QUESTION 2 Which of the following costs are included in the cost of manufacturing a product? O a. All of these O b. Manufacturing overhead O c. Direct labor cost Od. Direct materials cost QUESTION 3 Which of the following is an example of direct labor cost for an automobile worker? a. Cost of wages of assembly worker b. Salary of plant supervisor c. Salary of the company president d. Cost of wages of plant security QUESTION 4 Which of the following is an example of a factory overhead cost? a. Accountant's salary b. Repair and maintenance cost on the administrative building c. Insurance premiums on automobiles of salespeople d. Factory heating and lighting cost QUESTION 5 Which of the following is an advantage of using just in time inventory practices? a. It is more difficult to identify unreliable suppliers. b. These are all disadvantages. c. Overhead costs actually increase. d. Poor quality work is easier to identify QUESTION 6 Which of the following is an example of a cost that varies in total as the number of units produced changes? a. Monthly rent on a factory building b. Electricity cost per KWH to operate factory equipment c. Salary of a production supervisor d. Straight line depreciation on factory equipment QUESTION 7 I fixed costs are $200,000, the unit selling price is $100, and the unit variable cost is $75, what is the break-even sales in units? a. 8,000 units b. 10,000 units C. 4,000 units d. 2,000 units