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Which of the following best describes direct labor? Both a product cost and a prime cost A prime cost A product cost Both a period
Which of the following best describes direct labor? Both a product cost and a prime cost A prime cost A product cost Both a period and a prime cost. Question 2 (4 points) A cost that is fixed per unit is an example of a: Variable cost. Direct cost. Fixed cost. Mixed cost. Question 3 (4 points) Which of the following is assigned to goods that were either purchased or manufactured for resale? Product cost. Period costs. Opportunity cost Relevant cost. Which of the following costs would decrease if production levels were increased within the relevant range? Fixed costs per unit. Variable costs per unit Total variable costs. Total fixed costs. QuesLIUI J 14 PUML5) Fashion One manufactures clothes. The following salaries were part of the company's Year 1 manufacturing costs: Seamstresses $150,000 Factory foremen $20,000 Machine mechanics $40.000 What was the amount of Fashion One's Year 1 direct labor? $150,000 ) $210.000 $190,000 $170,000
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