Which of the following is a reason the amount of cash paid out for manufacturing overhead each period does not equal the total overhead incurred? Depreciation is an overhead expense that does not require the use of cash. B. Overhead expenses are only estimates, and they do not require cash. C. Cash is only paid out for variable manufacturing overhead expenses. D. The amount of cash paid out is adjusted for the number of units sold. What are standard cost variances? Differences between standard and actual costs B. Amounts that exceed budgeted amounts C. Useful industry-developed amounts that can be used by companies to evaluate their performance D. Differences between budgeted and standard amounts In what industries are standard costs used? Manufacturing companies only B. Service companies only C. Both manufacturing and service companies D. None of these answer options are correct. For which one of the following are standard production costs not developed? Direct materials B. Commission per unit C. Manufacturing overhead D. Fixed costs Which one of the following is often used to determine a standard price for materials? Time-and-motion studies