1. In a decision on whether an order should be accepted at a special price when there is plant capacity available, a major consideration is whether the special price exceeds ________________________ costs.

2. In developing a standard cost for direct materials used in making a product, consideration should be given to two factors: (1) ________________________ per unit of direct materials and the (2) ________________________ of direct materials to produce one unit of product.

3. Total fixed costs are ________________________ over various levels of activities, whereas total variable costs ________________________ directly and ________________________ with changes in the activity level.

4. Unit production costs are expressed in terms of ________________________ units of production.

5. If actual manufacturing overhead was greater than the amount of manufacturing overhead applied to jobs, the Manufacturing Overhead account will have a ________________________ balance and overhead is said to be ________________________.

6. A manufacturing company computes cost of goods sold by adding cost of goods manufactured to the ________________________ and subtracting the ________________________.

7. The ________________________ feature of preferred stock gives the preferred stockholders the right to receive current-year dividends and unpaid prior-year dividends before common stockholders receive any dividends.

8. Using the indirect approach, noncash charges in the income statement are ________________________ to net income and noncash credits are ________________________ to compute cash provided by operations.

9. If bonds are issued at face value (par), it indicates that the ________________ interest rate must be equal to the _______________interest rate.

10. Both a stock split and a stock dividend will ________________________ the number of shares outstanding and have ________________________ on total stockholders' equity.