Which of the following is an example of direct materials cost for an automobile manufacturer?

	a.	salary of production supervisor
	b.	cost of oil lubricants for factory machinery
	c.	cost of wages of assembly worker
	d.	cost of interior upholstery

Product costs

	a.	appear only on the balance sheet
	b.	are expensed as costs are incurred for direct labor, direct materials, and factory overhead
	c.	appear on both the income statement and balance sheet
	d.	appear only on the income statement

A plant managers salary is a(n)

	a.	direct cost
	b.	period cost
	c.	indirect cost
	d.	direct cost and an indirect cost

The primary goal of managerial accounting is to provide information to

	a.	management
	b.	investors
	c.	external auditors
	d.	creditors

ased on the data for Harding Company, what is the amount of working capital?

	a.	$128,000
	b.	$238,000
	c.	$168,000
	d.	$203,000