Star Jewelry sells 800 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $24,000 of fixed costs.The number of units that must be sold to achieve $42,000 of operating income is ________.

A. 715 units

B. 1,036 units

C. 409 units

D. 1,124 units

Customer lifeminuscycle costs are the ________.

A. costs incurred by the selling company to satisfy the customer.

B. same as the selling lifeminuscycle prices.

C. replacement costs of using a product or service.

D. costs to the customers for buying and using a product.

Cost tracing is ________.

A. the assignment of direct costs to the chosen cost object

B. the process of determining the actual cost of the cost object

C. a function of cost allocation

D. the process of tracking both direct and indirect costs associated with a cost object

Which of the following is true of indirect costs?

A. All indirect costs are included in cost of goods sold.

B. Indirect costs cannot be traced to a particular cost object in an economically feasible way.

C. Indirect costs are always considered sunk costs.

D. Indirect costs always vary in direct proportion to the level of production.