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QUESTION 8 LCO:3 The three major cost components of a manufactured product are: Differential costs, opportunity costs, and sunk costs. Marketing, selling, and administrative costs.

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QUESTION 8 LCO:3 The three major cost components of a manufactured product are: Differential costs, opportunity costs, and sunk costs. Marketing, selling, and administrative costs. General, selling, and administrative costs. Indirect labor, indirect materials, and miscellaneous factory expenses. Direct materials, direct labor, and factory overhead. QUESTION 9 LCO:3 A manufacturing company has a beginning finished goods inventory of $18,200, raw material purchases of $16,000, cost of goods manufactured of $34,600, and an ending finished goods inventory of $21,500. The cost of goods sold for this company is: $31,300 $15,100 $47,300 $74,600 $58,300

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