Rsal and managerial accounting are similar in that both a. have the same primary users. b. deal with the economic events of an enterprise. c. produce general-purpose reports. d. have reports that are prepared monthly. Which one of the following is not a direct material a. A tire used for a truck b. Lubricant for a ball-bearing joint for a large crane c. Plastic used in the covered case for a home PC d. Steel used in the manufacturing of steciradial tires Which one of the following represents a period cost? a. Overhead allocated to the manufacturing operations b. Labor costs associated with quality control c. The VP of Sales' salary and benefits d. Fringe benefits assoclated with factory workers Sales commissions are classified as a. overhead costs b. product costs. c. indirect labor. d. period costs. The product cost that is most difficult to associate with a product is a. manufacturing overthead. b. direct materials. c. direct labor. d. advertising. Samson Company reported total manufacturing costs of 1300,000 , munuf acturing ovenead totallig 152,000 , and direct materials totaling 164,000 . How much is direct bbor cost? a. Cannot be determined from the information provided. b. 5184,000 c. 5416,000 d. $116,000 An opportunity cost it: 3. another aternative. b. cost that is aaved by not adopting a given alternative. c. a cost that continues to be incurred even when there is no attility. d. the beneflu forgone when one altemative b selected nather than another. Whiat's another name for nonmanufacturing costs? a. Prime b. Product c. Conversion d. Period Which of the following cost dassification categories is aimost identical to a relevant cost? a. Sunk cost b. committed cost c. Unavoidable cost d. Avoldable cost