Wembley Company has set various goals, and management is now taking appropriate action to ensure that the firm achieves these goals. One such action is to reduce outlays for overhead, which have exceeded budgeted amounts. Whic of the following functions best describes this process? Multiple Choice Organizing. Planning Coordinating. Controling Decision making. The cost of resources supplied but unused is known as: Multiple Choice the cost of resources supplied. the cost of unused capacity. the cost of theoretical capacity. capacity cost. practical capacity costs. Fixed costs are costs that: Multiple Choice remain constant as activity changes. vary directly with changes in activity. increase on a per-unit basis as activity increases. remain constant on a per-unit basis. vary inversely with changes in activity. Prime costs are comprised of: Multiple Choice direct materials and direct labor. direct materials and indirect materials. direct materials, direct labor, and manufacturing overhead. direct labor and manufacturing overhead. direct materials and manufacturing overhead. Managerial accountants: Multiple Choice often work with regulators like the SEC. are found primarily at lower levels of the organizational hierarchy. often work on cross-functional teams and are located throughout an organization. are found primarily at higher levels of the organizational hierarchy. are responsible for issuing a company's annual financial statements