Which of the following would most likely not be useful inputs to a system that helps managers forecast sales using data analytics and machine learning?

A.

Details about potential customers

B.

Details about new management techniques to be implemented next month

C.

Details surrounding last month's disappointing sales volume

D.

Details about the company's existing customers

Which of the following is a variable cost if the cost object is a product?

A.

Insurance premiums paid during the year

B.

Property taxes on all real estate owned by the firm

C.

Direct materials cost incurred to make products sold by the company

D.

Interest payments on the company's mortgage on the headquarters' building

The assignment of the cost of the leather used to make 100 bicycle seats to a custom order to be shipped to a bike retailer is an example of:

A.

the cost tracing of direct costs to the chosen cost object

B.

the process of tracking both direct and indirect costs associated with a cost object

C.

a function of cost accumulation

D.

the process of determining the actual cost of the cost object

A unit cost is also called an average cost.

True

False