The manufacturing costs associated with units of product that have been sold to customers are reported as: Cost of goods sold expense on the balance sheet Cost of goods sold expense on the income statement Inventory on the balance sheet Selling expense on the income statement None of the above During the month of June, direct labor cost at SRVR Inc. totaled $30,000, which was 60% of June's prime cost. If total manufacturing costs in June were $156,000, then manufacturing overhead cost in June was: $76,000 $106,000 $195,000 $215,000 Which of the following costs would be expensed in full in the period it is incurred? O Insurance on the manufacturing facility O CEO's salary Depreciation on assets used in production Maintenance for the manufacturing facility O All of the above would be expensed in full in the period incurred Which of the following is an indirect cost? O The cost of denim in a jeans factory The cost of mixing labor in a factory that makes over-the-counter pain medicine The cost of bottles in a shampoo factory O Depreciation expense on the machines used to make perfume at a perfume factory None of the above costs are indirect costs