Question 5 (4 points) Which of the following is not a period cost? 1) Legal costs. 2) Public relations costs. 3) Sales commissions. 4) Wages of assembly-line workers. 5) The salary of a company's chief financial officer (CFO). The accounting records of Bronco Company revealed the following information: Raw materials used Direct labor Manufacturing overhead Work-in-process inventory, 1/1 Finished-goods inventory, 1/1 Work-in-process inventory, 12/31 Finished-goods inventory, 12/31 $ 60,000 125,000 360,000 50,000 189,000 76,000 140,000 Bronco's cost of goods manufactured is: 1) $519,000 2) $522,000. 3) $568,000 4) $571,000. 5) some other amount During August, the cost of goods manufactured was $567,000. The beginning finished goods inventory was $25,000 and the ending finished goods inventory was $23,000. What was the cost of goods sold for the month? OA) $517,000 OB) $545,000 OC) $569,000 D) $567,000 The following tasks are associated with an activity-based costing system: 1-Calculation of pool rates 2-Identification of cost drivers 3-Assignment of cost to products 4-Identification of cost pools Which of the following choices correctly expresses the proper order of the preceding tasks? OA) 1, 2, 3, 4. B) 2, 4, 1,3 O C) 3, 4, 2, 1. OD) 4, 2, 1, 3. E) 4, 2, 3, 1. RE Aaa hp)