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Thank you so much in advance! ill make sure to like for all the help 46. Manufacturing overhead costs are: a) Considered a period cost

Thank you so much in advance! ill make sure to like for all the help
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46. Manufacturing overhead costs are: a) Considered a period cost and are reported as inventory on the balance sheet b) Considered a period cost and expensed immediately on the income statement c) Considered a product cost and expensed immediately on the income statement d) Considered a product cost and are reported as inventory on the balance sheet 47. Selling and administrative costs are examples of: a) Manufacturing costs b) Nonmanufacturing costs c) Direct labor d) Product costs 4+ Morrison Inc had original sales and cost data for the month of April as follows: Sales: 13,600 units Selling price per unit: $17.00 Variable cost per unit: $11.50 Total fixed costs: $28,000 Calculate the breakeven point in units for Morrison Inc. Round up to the next whole unit. a) 2,435 unit b) 1,648 units c) 9,200 units d) 5,091 units 49. Morrison Inc. had original sales and cost data for the month of April as follows: Sales 13,600 units Selling price per unit: $17.00 Variable cost per unit: $11.50 Total fixed costs: $28,000 Calculate the contribution margin ratio for Morrison Inc. Round answers to two decimals places a) 32.35% b) 1.48 c) 3.09 d) 67.65% 50. Assume the Personal Training Division for Health Inc. is operated as an investment center. Sales for the division were budgeted for the year at $415,000. Total variable costs were budgeted at $190,000. Total controllable fixed costs were budgeted at $85,000. Actual results were as follows. Sales: $400,000 Variable Costs: $180,000 Fixed Costs $87,000 Calculate the variance for sales. a) $15,000 favorable b) $415,000 unfavorable c) $400,000 favorable d) $15,000 unfavorable 51. What are common examples of variable costs? a) Insurance and property taxes b) Straight-line depreciation and shipping costs c) Direct labor and salaries d) Direct material and indirect materials

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