When a limited resource of some type restricts the company's ability to satisfy demand, the company is said to have a O relevant cost O sunk cost O constraint O opportunityAn example of a discretionary fixed cost would be: amortization on equipment C property taxes salaries of top management C advertisingIn an activity based cost system, when the manufacturing overhead account has a credit balance at the end of the year: O the manufacturing overhead account is over applied O the manufacturing overhead account is under applied O an error has been made as only actual manufacturing overhead should be recorded O the work in process inventory account will have a credit balanceThe Cost of Goods Manufactured represents: O) the amount of cost charged to Work in Process during the period O the amount transferred from Work in Process to Finished Goods during the period O the amount of cost placed into production during the period O the prime production costsThe Heat Treatment Department at Northern Pipe is the third department in a sequential process. The work in process account for the department would consist of: OO costs transferred in from the prior department materials costs added in the Heat Treatment Department C conversion costs added in the Heat Treatment Department O) Costs transferred in from the prior department and material and conversion costs added in the Heat Department