ultiple Choice Questions (30 Points) 1.Which of the following is not a prime cost? a. plant janitor's wages b. direct labor wages c. machine operator wages d. assembly line wages 2. The Darwin Company reports the following information: es irect materials used 7,3 4,70 5,90 reciation on uipment ndirect labor irect labor actory rent 10,5 4,2 1,20 actory utilities ales salaries e ffice salaries expense 15,60 8, ndirect materials Product costs are a. $24,500 b. $30,300 c. $29,200 d. $35,000 3. Product costs a. appear only on the balance sheet b. appear only on the income statement c. are expensed as costs are incurred for direct labor, direct material, and factory overhead d. appear on both the income statement and balance sheet 4. The following are all product costs excent a. direct materials b. sales and administrative expenses c. direct labor d. factory overhead